A Colorado federal court judge recently issued an important decision addressing community association insurance issues. We expect this decision will assist community associations to secure insurance benefits under liability policies where claims are made alleging inadequate repair and maintenance. Commercial general liability (CGL) insurers occasionally deny any obligation to provide a legal defense or toGo to Resource
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Homeowner associations are commonly required by their governing documents to insure common element structures. This is especially true for condominiums where the association insures the majority of the building structures. With the passage of time, building codes and ordinances change to reflect new standards in construction. These changes generally relate to fire safety, structural integrity,Go to Resource
With the increase in use of the internet for the posting of blogs, the reputation of it is now more critical than ever to protect the Association’s name and in some cases trademarks from harm. Disgruntled owners can now, very easily place all of their grievances on line with great ease. In communities that surviveGo to Resource
In the last few years the economic downturn has hit community associations in many forms. We have seen more and more developers filing bankruptcy or otherwise leaving communities in the lurch. One fallout is that at times, the developer still sits on the board and the period of declarant control has not expired, but theGo to Resource
A common question from HOA boards is whether it is appropriate or prudent to use committees as a tool in the governance of associations. The answer is: yes, committees can be an excellent resource if they are harnessed appropriately. However, if committees are not organized or do not operate effectively – they can become aGo to Resource