Budget season is still far away for most community associations, however, it is never too early to address how an association can improve its ability to meet current and future financial needs. While regular assessment …
Continue readingReminder: Budgets are now subject to Veto in Pre-CCIOA communities
As I previously blogged on May 17, 2018, as of July 1, 2018 homeowners in pre-CCIOA communities are now permitted to veto proposed association budgets. So, what does this mean specifically? Previously, only associations subject …
Continue readingCAI Releases Homeowner Satisfaction Survey
In case you haven’t already seen it, CAI has recently released its homeowner satisfaction survey. Interestingly, most homeowners surveyed showed a sense of satisfaction with their community association, although there is still room for improvement. …
Continue readingDue Process Rights Exist for Homeowners
If you are like myself and take pride in the community association industry, it is hard not to get annoyed when you see false information being spread about various association issues. It seems that a …
Continue readingAffordable Housing Lottery in Upscale Lodo Community
A new condominium complex is offering 33 of its one and two-bedroom units for sale at a price that is well below market value in an effort to increase affordable housing in the community. So, …
Continue readingColorado Legislative Updates
If you have been regularly following this blog, you have seen certain legislative bills affecting community associations die. So what legislation has passed? House Bill 1342 has passed and will be effective on July 1, …
Continue readingLate Spring means Hail Season
With summer only a bit more than a month away, it is not uncommon to experience hail storms on a regular basis with some of them leaving a wide path of damage in their wake. …
Continue readingShould an HOA be Regulating “Adult” Activities?
Many of you may have read or heard the news story about certain ‘adult’ activities occurring in a single family home located in a homeowners association in Castle Rock. http://www.foxnews.com/us/2018/04/24/wild-sex-parties-in-upscale-colorado-community-disturbing-residents.html. However, should the homeowners association …
Continue readingTaking Board Action Outside of a Meeting
There seems to be a lot of confusion lately surrounding the requirements for a board of directors taking action outside of a duly called and held board meeting. Many boards meet infrequently and, therefore, need …
Continue readingAssociation Loans: Avoiding Default
It is not uncommon for an association to take out a loan to fund major repairs or renovations that become necessary in a common interest community. Whether the loan repayment is being funded through an …
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