Collection of delinquent assessments and enforcement of governing document violations are two of the most difficult actions tasked to an association. If HB22-1137 becomes law, they are about to become infinitely more difficult and certainly costlier in both time and expense. As of this posting, the bill has not yet made it to Governor Polis’sGo to Resource
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Are there public streets running through your community? If so, does your association currently have rules or covenants governing parking or other activities on such streets? Moving forward, such rules and/or covenants may not be enforced by associations as a result of added language to the Colorado Common Interest Ownership Act (“CCIOA”). HB 22-1139 addsGo to Resource
Do you have questions about the collection lawsuit process? Are you left wondering what “Answer Filed” means? Do you know what the next steps are once a lawsuit has been disputed? Do you wonder whether a sloth can run? (Ok, I just threw that last one in there to see if you were paying attention,Go to Resource
At some point, most boards will experience a homeowner not paying assessments. Sometimes it’s just one, and sometimes it’s several homeowners, but regardless, this can be an uncomfortable situation for the board. Even though the delinquent homeowners are your neighbors, making sure that all homeowners pay their assessments and taking action when they don’t isGo to Resource