The primary “governing documents” of an association are the declaration, articles of incorporation, and bylaws. When properly drafted, all three governing documents work together and have separate roles addressing different aspects of associations’ governances. Unfortunately, all too often documents are not drafted correctly, which results in overlapping and contrary provisions between documents and provisions writtenGo to Resource
Governance Resources
Bankruptcy Basics
Bankruptcy … it’s the “four-letter word” that nobody wants to hear. There are two types of bankruptcies that most individuals file. A Chapter 7 bankruptcy (also known as a “liquidation” bankruptcy) will, upon completion, discharge the owner’s debt as of the date of filing. A Chapter 13 bankruptcy (also known as a “wage earner’s” bankruptcy)Go to Resource
Understanding Your Association’s Governing Documents
Each association has its own set of documents which governs the relationship between owners and the association. This brief video will help you define and understand the role of these governing documents in your association.
If done the right way, a homeowner forum can achieve many goals. It can capture community-wide interests and concerns. It can give the owners a voice. It’s great for generating opinions, feedback and new ideas. It will increase the Board’s awareness of potential problems on the horizon. And, hopefully, it will engage and foster futureGo to Resource
Discussing Delinquencies in Open Meetings
The Colorado Common Interest Ownership Act (“CCIOA”) requires board meetings be open to attendance by owners in the community unless the board goes into executive session. All owners are therefore allowed to attend any portion of board meetings except when they are excluded from a properly called executive session. CCIOA authorizes boards to go intoGo to Resource