We often times suggest that boards adopt a maintenance and insurance checklist that clarifies whether the association or an owner is responsible for maintaining and insuring various components within a community. The checklist works far better than reading through hundreds of pages in the governing documents and helps address the issues before theGo to Resource
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As a non-profit corporation, your association is likely NOT immune from having to report and pay taxes. If you are a board member for an association, it is part of your fiduciary duty to make sure that your association files its federal tax return within 75 days of the end of its taxGo to Resource
Please mark your calendars for January 9, 2013! Why? Because that is the day the 2013 Colorado General Assembly convenes. And some of us will be marking our calendars for May 9, which is the day the 2013 General Assembly will end. In between, thirty-five senators and sixty-five representatives will consider over 600Go to Resource
We have seen a new trend in Chapter 13 bankruptcy cases which is requiring associations to do more work to protect their interests. Many bankruptcy courts are now requiring secured creditors, like associations, to file a notice with the bankruptcy court if the amount of assessments to be paid under or outside aGo to Resource
We’ve all come across rogue dog poop throughout our communities, not only is it an eyesore and smells bad, it’s also a health risk to kids and other pets. But what’s a community to do when owners don’t pick up after their pets? Hire a waste removal service? Fine owners who don’t pickGo to Resource