It was a busy year for the Colorado Legislature. Community associations were the subject of much debate and multiple bills. Two of the most important bills for community associations included House Bill 21-1310 and House Bill 21-1229. These new laws amend various provisions within the Colorado Common Interest Ownership Act (CCIOA) and concern the regulationGo to Resource
Newsletters
Community associations frequently incur significant and complicated insurance claims. The Colorado Front Range is notorious for intense hailstorms and the resulting roof loss claims. The process to document and submit a claim to the insurer to receive all appropriate insurance proceeds is known as “claim adjustment”. Claim adjustment can be time-consuming and complicated. Many associationsGo to Resource
In its most basic form, “Selective Enforcement” is when an association’s board chooses, at its discretion, to enforce a particular rule or obligation against one owner or group of owners but not to enforce that same rule or obligation against other owners. Selective Enforcement isn’t always ill-intended; in fact, in many ways, the board believesGo to Resource
Common Collection Terms
** Originally Published on: Sep 15, 2011 ** We have compiled a list of common legal terms to assist managers and board members with understanding the terminology used when discussing the collection of unpaid assessments. Assessment: The fee an owner is required to pay to the association, typically monthly, quarterly, semi-annually, or annually for suchGo to Resource
Receivership: An Alternative Collection Method
**Originally Posted on Sep 15, 2011** Introduction A receivership is the court ordered appointment of a rental manager for a property. The receiver (rental manager) is a disinterested person who manages the rental of the property, collects the rents and disburses the rents according to a court’s orders. The receiver should be experienced andGo to Resource