In Florida, delinquent owners are prohibited from serving on their association’s board.  While Colorado does not have a similar law we do recommend that associations include such a requirement in their bylaws.  Why?  If you want owners to take the assessment obligation seriously, board members should do so as well.  After all, they are owners. Also, it prohibits the response by an owner of why is it okay for the board member not to pay.  Lastly, it prevents the uncomfortable situation in which the remaining board members must decide to sue or foreclose on a fellow board member.  If you’d like to amend your bylaws to include such a provision contact any of our attorneys.

Social Media Auto Publish Powered By :