Resources

How the CCIOA Budget Process Works

Filed Under Governance, Misc

Posted February 1, 2012

As we are in the middle of annual meeting season for many communities, it may be helpful to review the budgeting process that you are required to follow. Budgeting is the process of reviewing your association’s anticipated income and establishing planned expenditures for the upcoming year. The process results in the preparation of a proposedGo to Resource

Questions to Ask Prior to Proceeding with a Receivership Action

Filed Under Collections, Litigation

Posted February 1, 2012

Given the state of today’s economy, Associations are facing increased delinquencies. Proceeding with a lawsuit after an owner has failed to respond to the attorney’s thirty-day demand letter is not always the best option. For example, the property may be owned by an entity such as an LLC, which may be difficult to collect from. Go to Resource

Open Meetings 101

Filed Under Governance, Meetings / Action Without Meetings

Posted February 1, 2012

As we all know, Colorado requires all board meetings to be open to attendance by owners within the community, unless the board goes into executive session. We get a lot of questions from boards and managers about whether specific topics are appropriate for executive session. Colorado law (C.R.S. 38-33.3-308(4)) allows boards to go into executiveGo to Resource

Have you heard about G.A.P.?

Filed Under Collections, Litigation

Posted February 1, 2012

G.A.P. is an innovative program which has met with such great success in Florida that its creators decided it was time to debut it in the Mile High (and surrounding) cities. What is G.A.P., you ask? It stands for “Guaranteed Assessment Program.”…. and that’s exactly what it is! This insurance program is specifically designed toGo to Resource

Can a Board Adopt a Rule Banning Renters from Keeping Pets?

Filed Under Enforcement and Fines, Litigation, FAQs

Posted January 3, 2012

Q: Can the board adopt a rule that prohibits renters, but not owners, from having pets? A: This is a common question, particularly with condominium projects in the mountain resort areas. Many tenants in mountain communities rent on a short-term basis, and there is the perception that short-term four-legged guests cause more damage, create moreGo to Resource

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