The Corporate Transparency Act (“CTA”) has caused panic and confusion among the HOA industry. Both managers, board members, and others in the industry are wondering what it means for them and how they can comply with the requirements. The CTA is a federal law requiring corporations and other businesses to report their “beneficial ownership” informationGo to Resource
Legislation Resources
In 2018, the world saw a 64% increase in the use of electric vehicles (“EVs”), rising from 3.4 million to 5.6 million[i]. Today, over 26 million EVs are in operation.[ii] Given the growing number of EVs used today, boards and managers need to understand the law on EVs and how it applies to Colorado communityGo to Resource
Now that SB23-178 has been signed into law and has become part of the Colorado Common Interest Ownership Act (effective August 9, 2023), the predominant question is “what does this mean for my community?” To start, if your community is a condominium community or townhome community with shared walls, the new law does not changeGo to Resource
HB22-1137 is all the rage lately, isn’t it? New procedures, notices, lengths of payment plans, limitations on fines, keeping better track of communications regarding all of the above – whoo! Exhausted just thinking about it! But… the first step in complying with the most recent HOA law in Colorado is to get the updated policiesGo to Resource
This past summer, the Colorado legislature passed HB22-1137, which became effective on August 9, 2022. This new law requires Colorado associations to update their Collection Policy, Covenant Enforcement Policy and Conduct of Meetings Policy. Additionally, it requires several changes to the collections and covenant enforcement processes. This article focuses on the collections changes, but ifGo to Resource