38-33.3-102. Legislative declaration.(1) The general assembly hereby finds, determines, and declares as follows: (a) That it is in the best interests of the state and its citizens to establish a clear, comprehensive, and uniform framework for the creation and operation of common interest communities; (b) That the continuation of the economic prosperity of Colorado isGo to Newsletter
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Most community associations in Colorado are either condominiums or planned developments, with nothing in between (aside from a very small number of co-ops). Despite the various types of developments we have names for, (such as townhomes, condominiums, single family detached homes, patio homes, and mixed-use communities) these developments fall under the category of either “condominiums”Go to Newsletter
With the ever-increasing costs of insurance, maintenance, labor, and supplies, community associations are looking for options to fund large scale projects. Whether your community needs a roof replacement or major swimming pool repairs, if your community is considering a loan to fund such project, you must understand the association’s rights and limitations. The first stepGo to Newsletter
When there is no law, but every man does what is right in his own eyes, there is the least of real liberty. –Henry M. Robert In 1863, a man named Henry Robert, an engineering captain in the United States Army, was asked to preside over a large church gathering. Captain Robert did not knowGo to Newsletter
Mortgage company public trustee foreclosure filings have generally been increasing over the last few years. Many of these homes are located in community associations. While the homeowner’s mortgage is an agreement between the homeowner and the mortgage company, there are impacts to the association when the first mortgage forecloses. Superlien: When a foreclosure is initiated,Go to Newsletter