Community associations often face competing priorities when it comes to governance, maintenance and risk management to name two. While most boards understand the importance of addressing these issues, deciding how to proceed is not always straightforward. Below are common challenges associations face, along with two potential solutions, and guidance on when each may be mostGo to Resource
Governance Resources
Drafting enforceable association rules is a form of art. It’s an art in the sense that you have to know when it’s too much, when it’s too little, when it needs clarification, and when it conflicts with the law. For these reasons, most HOA legal practitioners recommend that draft rules be reviewed by legal counselGo to Resource
Although we deal with terms like “directors” and “officers” quite often, many do not understand the difference between the two terms and qualifications to serve in such positions. This article will focus on explaining the difference between these two positions as well as explaining director and officer qualifications. Directors The word “director” is synonymous withGo to Resource
Did you know the term “association records” is defined by Colorado statute? The Colorado Common Interest Ownership Act (“CCIOA“) clarifies the rights and obligations of both homeowners and associations in this regard, including identification of which association documents owners have a right to inspect and copy. What Constitutes Association Records? CCIOA, in Section 317, providesGo to Resource
The Colorado Common Interest Ownership Act (“CCIOA”) and the Colorado Revised Nonprofit Corporations Act (“Nonprofit Act”) are the two primary statutes governing homeowner associations in Colorado. These statutes are long, complex, and contain many provisions some people are not aware of. This article highlights a few of those important provisions. Nonprofit Act ☐ Meetings ofGo to Resource