As I’m sure you’ve already heard by now, on Tuesday December 3rd the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction in the case of Texas Top Cop Shop, Inc. et al. vs. Garland. That Court determined that the CTA reporting requirements are likely unconstitutional and grantedGo to Resource
Category: Colorado Community Association Law
As you may know, the Community Associations Institute (“CAI”) filed a lawsuit against the US Department of the Treasury requesting associations be exempted from the requirements of the Corporate Transparency Act (“CTA”). While we had been holding out hope that CAI would be able to obtain at least a temporary stay on theGo to Resource
Is finding a parking space in your community challenging? Condominium and townhome-style communities often have open parking lots which may include individually assigned parking spaces and/or parking spaces which are available on a first-come, first-served basis. Such communities commonly adopt parking rules that aim to increase safety, improve the flow of traffic,Go to Resource
What is the CTA? The CTA is a federal law that is focused on combating illicit financial activity. It’s intended to prevent money laundering, tax fraud, terrorist financing, and other illegal financial activity that could occur through shell companies or other non-transparent ownership structures. The CTA creates a new reporting requirement under whichGo to Resource
It has been quite some time since the HOA industry in Colorado has seen as much legislation as we saw this year! Of the 13 bills signed by the Governor, three pertain to public policy, which is a clear trend in legislative goals: HB24-1091 – Fire-hardened building materials, HB24-1152 – ADUs (accessory dwellingGo to Resource