Resources

Meeting Moment – What is a quorum and what can you do without one?

Filed Under Governance, Meetings / Action Without Meetings

Posted March 1, 2012

It’s your annual meeting. You’ve called the meeting to order, officer reports have been given, and now you’re about to hold the election. All of a sudden a homeowner stands up and says, “I don’t think we have a quorum.” As the meeting chair, what should you do now? Parliamentary Tip: A quorum is theGo to Resource

Bank Owned Properties: What Can We Do?

Filed Under Collections, Foreclosure, Litigation

Posted March 1, 2012

Does your community have properties that are owned by banks? Unfortunately, bank owned properties have become commonplace in many communities due to the high number of foreclosures that continue to take place in today’s economy. These homes are likely vacant, with covenant violations (weeds and other maintenance issues come to mind), and most likely, assessmentsGo to Resource

Don’t Get Wet: March 15 is Only Two Weeks Away!

Filed Under Governance, Liabilities

Posted March 1, 2012

On July 23, 2010, Attorney General Eric Holder signed Final Regulations revising the Department of Justices’ ADA regulations. Among other revisions, these new regulations created new standards for accessibility to pools and hot tubs for all “places of lodging” and “places of public recreation”. All compliance must be achieved by March 15, 2012, or uponGo to Resource

Workers Compensation Insurance: A Cautionary Tale

Filed Under Maintenance & Insurance

Posted March 1, 2012

Anyone who has attended one of our classes related to insurance obligations for homeowners associations has probably heard us recommend associations carry workers’ compensation insurance. The often asked question is, “Why should we carry workers’ compensation insurance if we don’t have employees?” First, you may have employees, as defined by the Colorado Workers’ Compensation Act,Go to Resource

Dipping Into Reserves

Filed Under Financial

Posted March 1, 2012

The Problem – The Unbudgeted Expense: Everything seems to be growing except the coffers: boards are faced with mounting operational expenses and increased delinquencies, without the same matched growth in revenue. And, unfortunately, not all expenses are planned – emergencies will come up. For example, if there is a big snow storm and the associationGo to Resource

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