House Bill 15-1343 which was introduced to clean up and clarify certain provisions of the manager license requirements, was signed by Governor Hickenlooper making the Bill an official law! As a quick recap, the Bill made the following changes to the original laws: CEO’s of management companies who do not manage communities areGo to Resource
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CAI National recently released some interesting statistics related to community associations. In 2014, it was estimated that there are 9,100 community associations in Colorado, resulting in an 11th place ranking. Florida and California took 1st and 2nd positions with 47,100 and 43,300 community associations respectively. Why does this matter to you? I thinkGo to Resource
It all depends on your personal point of view. From an outsider’s point of view, it seems that the motto of many legislatures is that if at first you don’t succeed, try, try again. As was detailed yesterday, of the 10 HOA bills introduced, only 30% passed. As a result, many of theseGo to Resource
In what promised to be a very busy legislative session aimed at addressing construction defects, amendments to CCIOA and manager clean up bills, of the ten bills introduced, only three made it out of the legislature and onto the governor for action. Now that the dust has settled, we can explore what passed,Go to Resource
The long-awaited sequel to Part One, this blog addresses the other deductible dilemma associations are facing. The dreaded wind and hail deductible. Under this scenario, imagine a large hail storm whips through the Denver area, causing significant damage to the roofs in your community. As a result, all of the roofs in theGo to Resource