If a homeowner fails to pay a balance due to their association, there are two ways to attempt to collect that balance. The first is through the personal assets of the homeowner. The second is through the lien against the property. Personal Liability: Unpaid balances due to an association are the personal responsibility of theGo to Resource
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It has been said many times that assessments are the ‘life-blood’ of an association. With costs rising for everything from pool chemicals and light bulbs, to snow removal, the adage continues to hold as true as ever in 2023. Just like the rest of us, associations are not immune to rising costs and cannot provideGo to Resource
An association’s, and owners’, maintenance and insurance obligations are typically set forth in the declaration. The Declaration is also referred to as the “CC&R’s”, “Covenants”, and the “Declaration of Covenants, Conditions, and Restrictions”. But have you ever tried reading a declaration to determine who has to fix what? If so, you will probably agree thatGo to Resource
Transition to Homeowner Control: Avoiding Problems and Finding Solutions
Transition to Homeowner Control: Avoiding Problems and Finding Solutions
What’s Executive Session and When Can We Use It?
An executive session or “closed door session” is a portion of a board meeting that is not open to attendance by the homeowners. Although the Colorado Common Interest Ownership Act (“CCIOA”) generally requires board meetings to be open to attendance by homeowners, Section 308 of CCIOA sets forth the “executive session” exception that allows aGo to Resource