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
Category: Colorado Community Association Law
Have you ever wondered or been posed with the question of “what gives the board authority to adopt rules when the governing documents don’t specifically authorize this?” The answer is Section 302(1)(a) of CCIOA. In fact, Section 302(1) of CCIOA sets forth a plethora of powers associations may utilize even when their governingGo to Resource
Do you ever wonder why associations don’t receive property tax bills for common elements? It’s because the Colorado Common Interest Ownership Act (CCIOA) prohibits municipalities from separately taxing common elements. Specifically, Section 105(2) of CCIOA states, “common elements shall not be separately taxed or assessed.” How, then does the government get its money? Go to Resource
Over the weekend, I was once again reminded of the importance of carbon monoxide detectors. Sadly, it was reported that one person died and a total of nine families were displaced from their apartment complex in Colorado Springs due to high levels of carbon monoxide. As a reminder, Colorado has a state lawGo to Resource
In today’s electronic age, many boards have flurries of e-mails flying back and forth about a wide range of association-related topics. As we have discussed in previous blogs and articles, when HB1237 goes into effect on January 1, 2013, owners will be entitled to inspect board e-mails that relate directly to decisions madeGo to Resource