Board members and managers serving community associations are confronted with a daunting list of obligations. These responsibilities include budgeting and financial issues; repair, maintenance and construction issues; legal interpretations, issues and disputes; planning, evaluation and policymaking; as well as devising information systems and governance procedures to fulfill all of these functions. This article provides aGo to Resource
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As a board member, you have a slew of duties and obligations to carry out. Some of these duties and obligations are contained in the governing documents of the association; some are contained in statute. Regardless of where these duties and obligations originate, they must be followed and observed to keep the board members andGo to Resource
2013 Community Association Handbook. Easy access to information about collections, foreclosures and CCIOA and also provides full copies of the Colorado Common Interest Ownership Act and the Colorado Revised Non-Profit Corporation Act.
Your board is considering whether to assume the maintenance of the perimeter fencing in the community, which is allowed by the governing documents. Two of the five board members’ lots border the perimeter fence, and if the maintenance is assumed by the Association, those board members will no longer have to maintain the fence borderingGo to Resource
I. OVERVIEW OF THE BASICS “Community Association” is the generic term for communities that are created pursuant to recorded covenants or other documents that create an association of the unit or homeowners. The term community association includes condominiums, homeowner associations and housing cooperatives. These are typically organized as non-profit corporations. Condominiums. A condominium isGo to Resource