Let’s face it: costs for services continue to increase and legal services are no exception. But what options do associations have to save on legal fees without exposing themselves to liability for failing to get informed on legal issues? As it turns out, associations do have some options, which involve preplanning their legal communications andGo to Newsletter
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Fall is around the corner. As the season turns, many HOAs will soon be turning their attention to their annual homeowner meeting. Over the years, I have attended many homeowner meetings, some smooth and professionally run, with others chaotic and contentious. The common denominator in many of the unsuccessful meetings has been a general lackGo to Newsletter
38-33.3-102. Legislative declaration.(1) The general assembly hereby finds, determines, and declares as follows: (a) That it is in the best interests of the state and its citizens to establish a clear, comprehensive, and uniform framework for the creation and operation of common interest communities; (b) That the continuation of the economic prosperity of Colorado isGo to Newsletter
Most community associations in Colorado are either condominiums or planned developments, with nothing in between (aside from a very small number of co-ops). Despite the various types of developments we have names for, (such as townhomes, condominiums, single family detached homes, patio homes, and mixed-use communities) these developments fall under the category of either “condominiums”Go to Newsletter
With the ever-increasing costs of insurance, maintenance, labor, and supplies, community associations are looking for options to fund large scale projects. Whether your community needs a roof replacement or major swimming pool repairs, if your community is considering a loan to fund such project, you must understand the association’s rights and limitations. The first stepGo to Newsletter