The long awaited bill relating to fees charged by managers was introduced today in the Form of HB 14-1254 by Representative Labuda. It is co-sponsored by Senator Balmer in the Senate. While this bill was much anticipated, as introduced, the bill does not cap or place restrictions on transfer fees. Instead, the billGo to Resource
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Last Thursday, the Senate approved S.1926, the “Homeowner Flood Insurance Affordability Act of 2014” by a vote of 67-32. This will delay dramatic increases in federal flood insurance premiums until 2017. During the next few years the Federal Emergency Management Agency (FEMA) will be tasked with the job of determining the impact ofGo to Resource
If you have been looking to purchase a home in northern Colorado, you are not alone. In fact, the Northern Colorado Business Report proclaims that 2013 was a break out year for residential home sales in northern Colorado. Sales for 2013 were fueled by low interest rates and a limited inventory and highlihgtsGo to Resource
In what has been a slow start to the HOA legislative season, a second bill was introduced in the Senate yesterday. SB 14-140, as drafted, proposes revoking the lien rights of Small or Limited Expense planned communities unless these communities amend the declaration and “opt in” to all of the Colorado Common InterestGo to Resource
Last week at the 2014 CAI Law Seminar , I had the pleasure of teaching with Jeffrey Kaman on the subject of maximizing technology for community associations. We discussed the benefits of technology, as well as the risks, proactive ways of addressing those risks and available protections. What was most interesting, however, was ourGo to Resource