The first bill amending parts of the Colorado Common Interest Ownership Act made it out of the legislature this week, and was forwarded to the Governor on April 13, 2015. HB 1095 which amends CRS 38-33.3-119 by permitting communities created in the state prior to July 1, 1992 to opt out of CCIOAGo to Resource
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On April 8, 2015, HB 15-1343 was introduced into the House Business and Labor Committee as an effort to streamline the manager licensing requirements. The bill attempts to clarify who is required to hold a manager license; exempts executive officers who employ licensed managers from the licensure requirement; adds the definition of aGo to Resource
A Colorado Senate committee voted last late night to forward SB 15-177 to the full Senate with four approved minor amendments. After hearing over eight hours of testimony from over forty witnesses representing both proponents and opponents of the bill, the Senate Business, Labor and Technology committee voted 6-2 to approve the bill. Go to Resource
It is becoming more and more common place. A condominium association has a few claims on its insurance policy over the years and premiums start to rise. In order to purchase affordable casualty insurance to cover the common elements and the portions of the units the association is obligated to insure per theGo to Resource
Last week, HB 15-1259 was introduced to the House of Representatives and referred to the Committee on Agriculture, Livestock & Natural Resources. The Bill, as drafted, will protect personal rain barrel collection systems and establish the following guidelines: • Use up to two rain barrels having a total combined storage capacity of notGo to Resource