Unfortunately, we continue to see major increases to insurance premiums in Colorado, and for some communities, insurance has become practically unaffordable. In fact, it is no longer unusual to see annual premiums ranging between $600,000 and $800,000 for some associations, with no sign of relief in the near future. So, what are associations to doGo to Resource
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If you just got elected to the board or started managing a new community association, the first thing you should do is review your governing documents. Chances are you will be faced with questions, the answers of which are buried in your governing documents. But getting a solid grasp on your documents may seem likeGo to Resource
In 2018, the world saw a 64% increase in the use of electric vehicles (“EVs”), rising from 3.4 million to 5.6 million[i]. Today, over 26 million EVs are in operation.[ii] Given the growing number of EVs used today, boards and managers need to understand the law on EVs and how it applies to Colorado communityGo to Resource
How time flies! In April 2021, I published Payment Plan Offer Letters & Top Pitfalls We’re Seeing. While the information contained in that blog is still relevant, when HB22-1137 became effective August 2022, a whole new slew of payment plan offer letter issues emerged. The 2022 law change upended the delinquency notice process and it’sGo to Resource
CCIOA – Colorado Common Interest Ownership Act
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 Resource