Insurance is an essential part of any community association’s risk management program. But purchasing a good policy is only the first step in the process. Proper claims handling must occur for the association to receive the benefits of insurance. Colorado’s Front Range experiences some of the highest hail storm frequency and severity in the country.Go to Resource
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Is your association receiving notice whenever a public trustee foreclosure is initiated? If not, it could be because your association has not updated or recorded a document specifying where notices of foreclosures must be sent. When a public trustee foreclosure is initiated, “interested parties” are notified. An interested party is “Each person, except the publicGo to Resource
With the holiday season right around the corner, many owners and residents are getting their holiday decorations out and starting to decorate their homes—both inside and out. This is also the time that board members and community managers get ready to enforce their restrictions when it comes to decorative displays. However, this is also theGo to Resource
What do you do when you receive a check from a delinquent owner with a restrictive endorsement on it? Do you cash it? Do you return it? Do you call the attorney? A restrictive endorsement is a written statement sent with a payment that either defines what the check is written for (such as “AssessmentsGo to Resource
To view larger: Public Trustee Foreclosure Process Flowchart