Earlier today, the Colorado legislature voted in favor of SB21-002, a bill that impacts Associations’ ability to collect unpaid assessments. That bill is headed to Governor Polis and is expected to be signed into law shortly. So what does this mean for you and your Association’s delinquencies? Luckily, it doesn’t change much. At the endGo to Article
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On January 30, 2020, the first of what we expect to be several major bills concerning the Colorado Common Interest Ownership Act was introduced as HB 20-1200 and is sponsored by Rep. Titone (D) and Weismann (D). This is an expansive bill which acts as the bill reauthorizing the HOA Information Office and requires theGo to Article
As the legislative process continues to move forward, certain bills may be introduced and fly under the radar which, if the bill reaches its full potential, could have great impact on the life of owners within a common interest community. HB 20-1004 is this type of bill. Titled “Concerning Wildfire Mitigation Assistance for Landowners”, itGo to Article
Right in the middle of hurricane season, the National Flood Insurance Program (“NFIP”) was set to expire. With nothing more than a few hours to spare, on July 31, 2018, the U.S. House of Representatives reauthorized the NFIP for four additional months, through November 30, 2018. Expiration of the NFIP would have left all existingGo to Article
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. As indicated in our second blogGo to Article