The language of the governing documents of an association provides what an association’s board and owners are allowed and required to do. However, the governing documents often use words that at first blush seem to mean the same thing, such as “power” versus “duty,“ “can” versus “will,” and “may” versus “shall.” Some of these wordsGo to Resource
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Understanding the difference between a maintenance obligation and an insurance obligation is a crucial part of community living. Maintenance and insurance obligations differ between associations depending on how the governing documents are drafted whether the association is classified as a condominium, townhome, or single family community. It is important that an association understand the differenceGo to Resource
Unfortunately, we continue to see major increases to insurance premiums in Colorado, and for some communities, insurance has become practically unaffordable. In fact, it is no longer unusual to see annual premiums ranging between $600,000 and $800,000 for some associations, with no sign of relief in the near future. So, what are associations to doGo to Resource
In 2018, the world saw a 64% increase in the use of electric vehicles (“EVs”), rising from 3.4 million to 5.6 million[i]. Today, over 26 million EVs are in operation.[ii] Given the growing number of EVs used today, boards and managers need to understand the law on EVs and how it applies to Colorado communityGo to Resource
How time flies! In April 2021, I published Payment Plan Offer Letters & Top Pitfalls We’re Seeing. While the information contained in that blog is still relevant, when HB22-1137 became effective August 2022, a whole new slew of payment plan offer letter issues emerged. The 2022 law change upended the delinquency notice process and it’sGo to Resource