2011 Legislative Session Wrap Up – New Laws That Will Impact Colorado Homeowners Associations

2011 was an active year for legislation that will affect community associations of all kinds in Colorado.  Overall most bills were positive and did not add significantly to the administrative burdens of managing and governing homeowners associations.  But there are new laws that every Colorado homeowners association should be aware of. The following checklist discussesGo to Resource

HB 1359 – Concerning the Governance of Common Interest Communities Under the Colorado Common Interest Ownership Act How To Comply With New Reserve Requirements

HB 1359 was signed by Governor Ritter on May 15. It becomes effective on August 5, 2009 and applies to all common interest communities. So what does your association need to do to comply? Become educated about the types of reserve studies available and costs. Adopt a policy that addresses: When a reserve study willGo to Resource
Social Media Auto Publish Powered By : XYZScripts.com