2011 Legislative Session Wrap Up – New Laws That Will Impact Colorado Homeowners Associations

2011 was an active year for legislation that will affect community associations of all kinds in Colorado.  Overall most bills were positive and did not add significantly to the administrative burdens of managing and governing homeowners associations.  But there are new laws that every Colorado homeowners association should be aware of. The following checklist discussesGo to Resource

CCIOA Corner – Terminating Developers’ Contracts

If your community recently transitioned from developer control, you may be able to terminate some or all of the contracts entered into by the developer without penalty pursuant to Section 305 of CCIOA. Section 305 sets forth the types of contracts that are subject to this termination provision, and includes the following agreements: Management contractsGo to Resource

CCIOA Corner – Meetings

What do you do if your association’s governing documents do not have a quorum requirement?  If your community was created on or after July 1, 1992, you go to Section 309(1) of CCIOA. Section 309(1) provides post-CCIOA communities with a default quorum requirement if their documents are silent.  Specifically, Section 309(1) indicates that if yourGo to Resource

CCIOA Corner – Opting into CCIOA

What happens to the status of a pre-CCIOA community (i.e. community created before July 1, 1992) if it amends its governing documents?  One prevalent myth on this issue is that the community becomes a post-CCIOA community and will be subject to all provisions of CCIOA.  But this is nothing more than a myth and notGo to Resource

CCIOA Corner – Board Powers

Section 302 of CCIOA provides associations with a list of powers that may be used even if such powers are not spelled out in the associations’ declarations.  If your community is post-CCIOA (created after July 1, 1992) your board may take advantage of all the powers spelled out in Section 302 unless the governing documentsGo to Resource
Social Media Auto Publish Powered By : XYZScripts.com