By Maris S. Davies, Esq. In a prior blog post we discussed House Bill 18-1342, which proposed that all pre-Colorado Common Interest Ownership Act (“CCIOA”) communities, i.e. communities formed prior to July 1, 1992, comply with the budget veto process found in Section 303(4)(a) of CCIOA, which is currently only applicable to post-CCIOA communities.Go to Resource
Category: CCIOA
On March 26, 2018, House Bill 18-1342 was introduced and assigned to the House Business Affairs and Labor Committee. HB 18-1342 proposes that all pre-Colorado Common Interest Ownership Act (“CCIOA”) communities, i.e. communities formed prior to July 1, 1992, comply with the budget veto process found in Section 303(4)(a) of CCIOA , whichGo to Resource
DORA has issued a Director Position statement to clarify the supervision requirements of a licensed manager who has direct supervision over an apprentice license. An apprentice is NOT a community association manager and is prohibited from performing acts that require a community association manager license except, when under the direct supervision of aGo to Resource
Associations routinely conduct votes by mail, rather than at a meeting, for several reasons. It could be that more homeowners tend to respond to mail queries than voting at a meeting. Or maybe too many homeowners live offsite and wouldn’t be able to show up at the meeting anyway. Or perhaps the associationGo to Resource
In a release earlier today CAI alerted our industry to the Federal Housing Finance Authority’s position expressing concern about state statutes, such as our super lien statute, that allow community associations to obtain lien priority over first mortgages for unpaid association assessments. FHFA has asked a federal court to intervene to help mortgageGo to Resource