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
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