The Corporate Transparency Act (“CTA”) has caused panic and confusion among the HOA industry.  Both managers, board members, and others in the industry are wondering what it means for them and how they can comply with the requirements. The CTA is a federal law requiring corporations and other businesses to report their “beneficial ownership” informationGo to Resource
The Colorado Common Interest Ownership Act (“CCIOA”) and the Colorado Revised Nonprofit Corporations Act (“Nonprofit”) are the two primary statutes governing common interest communities in Colorado.  These statutes are long, complex, and contain provisions many people are not familiar with, and, frankly, may not care about. However, it is fun to take a look atGo to Resource
What is a special assessment?  A special assessment is an assessment that is not contemplated in an association’s budget for the fiscal year and is therefore over and above the regular assessments imposed in accordance with an association’s budget. One reason for imposition of special assessments is to pay for unexpected repairs and replacements occasionedGo to Resource
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