Maintenance & Insurance Resources

Is Your Association Prepared for Natural Disasters?

Filed Under Amending Your Governing Documents, Governance, Liabilities, Maintenance & Insurance

Posted December 3, 2012

Natural disasters come in many shapes and sizes. It could be a tornado, a flood, Superstorm Sandy, or a wildfire. Regardless of the type of disaster, the devastation and loss is often overwhelming. Nothing can fully prepare someone to handle the emotional impact of a natural disaster. However, with some thought and planning before aGo to Resource

Minimizing Risk of Unoccupied Units

Filed Under Maintenance & Insurance

Posted June 1, 2012

In Colorado, we are blessed and cursed with four seasons, each being the foundation of various possible issues with unoccupied or vacant units especially in mountain communities. Units can be unoccupied for different reasons, maybe they are truly vacant or maybe they are idle units that are rented out periodically. Winters can be brutal andGo to Resource

CCIOA Corner—Insuring Condominium Units

Filed Under Maintenance & Insurance

Posted May 1, 2012

If your association is a condominium community created after July 1, 1992 (post-CCIOA), take a look at your property insurance policy and see if the association maintains a “bare walls” policy. If so, this insurance policy may be subject to challenge regardless of what your governing documents might require. A “bare walls” policy typically coversGo to Resource

CCIOA Corner—Maintenance and Entry into Units

Filed Under Governance, Maintenance & Insurance, Misc

Posted March 1, 2012

Did you know that Section 307(1) of CCIOA requires post-CCIOA associations to maintain common elements (including general and limited common elements) and owners to maintain their units in absence of a statement to the contrary in the declaration? Did you also know that this same provision authorizes associations and their agents to enter units forGo to Resource

Workers Compensation Insurance: A Cautionary Tale

Filed Under Maintenance & Insurance

Posted March 1, 2012

Anyone who has attended one of our classes related to insurance obligations for homeowners associations has probably heard us recommend associations carry workers’ compensation insurance. The often asked question is, “Why should we carry workers’ compensation insurance if we don’t have employees?” First, you may have employees, as defined by the Colorado Workers’ Compensation Act,Go to Resource

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