Have you ever seen a set of bylaws that authorize the board to unilaterally amend the document without owner approval? There are plenty of bylaws out there having this type of provision and lots of board members use this provision in good faith to amend their bylaws. But, like all “too good to be true”Go to Newsletter
Amending Your Governing Documents Resources
By now, most community associations have met the minimum requirements when it comes to adopting the responsible governance policies required under the Colorado Common Interest Ownership Act (CCIOA). You have duly adopted all 9 of the required policies, including a collection policy, an enforcement policy and a conflict of interest policy to name a few. Go to Newsletter
Over the years, the law with respect to community associations has changed and morphed in many ways. If your community’s documents are more than five years old, it may be time to examine your documents and determine if they are doing your association more harm than good. Analyze the Risk Consider having your documents reviewedGo to Newsletter
If your community’s declaration is silent as to interior alterations of units, did you know that Section 211(a) of CCIOA authorizes owners to make improvements or alterations to their units without seeking board approval? Specifically, Section 211(a) authorizes owners in post-CCIOA communities (communities created after July 1, 1992) to make improvements and alterations inside theirGo to Newsletter
You’ve, no doubt, heard the terms “resolutions, policies, rules, and regulations” used many times in the industry. But have you ever wondered what all these different terms mean and whether there is a difference in which term you use? Despite popular belief, there are subtle differences in these terms outlined in the checklist below. AsGo to Newsletter