Not only have condominium communities felt the heat of the FHA when it comes to leasing restrictions, but individual buyers of condominium units have also experienced their share of grief. For example, on July 19, 2013, FHA started requiring all borrowers to sign a HUD form at closing providing that as long asGo to Resource
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In a recent article in the Denver Business Journal, Chris Hammond sets forth the following considerations when selling your business to help ensure the transaction will close: Composition of the Team. Assembling a qualified team of trusted advisers including an attorney, accountant, wealth adviser, and investment banker is critical to properly structure theGo to Resource
HB 14-1125, which attempts to cure the Colorado Legislative Action Committee oversight contained originally in HB 13-1237, which had the effect of prohibiting an association from disclosing owners’ email addresses, even if the Owner opted in. As introduced into the House by Representatives Mitsch Bush, HB 14-1125 carves out an exception to theGo to Resource
During yesterday’s Denver Business Journal’s State of the Cities forum, the mayors of Denver and Aurora agreed there needs to be changes to the state’s construction defect laws. Claiming that there is too much liability risk for builders, developers and subcontractors because it is easy for associations to sue for defects, particularly inGo to Resource
The first major legislative issue concerning homeowners associations within the state of Colorado was kicked off today on competing fronts. In a Call to Action sent by CAI’s Legislative Action Committee, community association professionals were alerted of pending legislation geared at capping or eliminating transfer fees collected by management companies when a unitGo to Resource