An issue that has come up quite often as of late is that of a board wanting to help its individual community members while still maintaining its fiduciary obligations to the association. Perhaps there is an owner who is struggling to afford assessments, perform upkeep on the property, or can’t afford a major repair toGo to Resource
Governance Resources
‘Tis the season for limited daylight, falling snow, and cold temperatures here in Colorado! It is the time of year homeowner associations commonly face seasonal challenges such as frozen pipes, slip and fall accidents, and disputes with snow removal vendors. These issues can serve to take the joy out of the holiday season for all.Go to Resource
Is it my imagination or are people getting less patient, more critical, more demanding, and less understanding? It seems over the last few years boards have been criticized and admonished more, while being appreciated and understood less. No wonder it’s becoming more and more difficult to fill board vacancies. After all, why would someone volunteerGo to Resource
More often than not, governing documents contain restrictions on commercial vehicles, but the term “commercial vehicle” means something different to different people. Although it is clear that some vehicles are undeniably “commercial” in nature, many vehicles fall somewhere in the gray area. So how do owners know whether their vehicles will be considered “commercial” andGo to Resource
ONE: Your Reserve Fund Is Your Friend. Don’t Ignore It. It used to be that I would periodically field questions on financial problems due to inadequate reserves. Today, I am constantly preparing special assessment letters, reviewing loan documents, drafting reserve study policies, and generally advising on all questions related to associations experiencing financial crisis. Why?Go to Resource