You’ve no doubt read the blogs and email blasts concerning the HB 1237, which was recently signed into law by the Governor and takes affect on January 1, 2013. HB 1237 will impact various facets of association record keeping, but have you thought about what your association will need to do to comply with andGo to Resource
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With more and more developers going bankrupt and pulling out of partially constructed residential projects, we are seeing more and more instances of common area tracts, or tracts that are intended to become common areas in the future, being encumbered by tax liens where the developer owner has failed to pay property taxes on suchGo to Resource
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
Condominium Act §38-33-107. Records of receipts and expenditures – availability for examination. The manager or board of managers, as the case may be, shall keep detailed, accurate records of the receipts and expenditures affecting the general and limited common elements. Such records authorizing the payments shall be available for examination by the unit owners atGo to Resource