White Out is Now a Predictor of Risky Condominiums
The Denver HOC Condominium Team, which reviews applications for FHA approval of condominium projects is charged with determining whether condominium communities are eligible for approval of FHA backed...
View Article2012 Information and Resource Center Annual Report Published
The Department of Regulatory Agencies (DORA) released its 2012 annual report detailing the past years activity regarding homeowners associations. The Report indicates that the Homeowners Association...
View ArticleBuyers and Condominium Communities: Beware of the Transient Lease
Not only have condominium communities felt the heat of the FHA when it comes to leasing restrictions, but individual buyers of condominium units have also experienced their share of grief. For...
View ArticleElectric Vehicle Grant Bill Headed to Governor
In an effort to follow up on the Legislatures’ commitment to electric vehicles, the Legislature sent SB 14-028 to the Governor for signature. SB 14-028 is a bill that expands the eligibility of...
View ArticleConcealed Carry Permits and the Community Association – Is there cause for...
Recently, Illinois became the final state to adopt conceal carry laws to authorize gun owners to obtain a permit to carry their firearm on their person. This new legislation has again sparked the...
View ArticleCONSTRUCTION DEFECT REFORM BILL STILL NOT INTRODUCED
Among political maneuvering and complaints of delay from bill sponsors, a construction defect reform bill aimed at sparking construction of condominium units and transit oriented developments has not...
View ArticleConstruction Defect Bill Introduced
In situations like this, I am reminded with the issues of instantaneous communications. Shortly after we posted a blog indicating that the Construction Defect bill had not been introduced, it was....
View ArticleSB 14-220 Runs out of Time
As quick as SB 14-220 was introduced, it was declared dead almost as fast. After passing out of the Senate Committee on State, Veterans and Military Affairs on a 3-2 vote, it was referred to the...
View ArticleCommunity Association Residents Don’t Want More Legislation
In an independent national survey of community association residents conducted early this year by Public Opinion Strategies on behalf of CAI, 80% of community association residents opposed additional...
View ArticleConstruction Defects Dead in Lakewood?
The Lakewood City Council is set to hold public hearings on October 13 regarding a proposed city ordinance 0-2014-21 that will make it harder for community associations in Lakewood to sue for...
View Article2015 Legislative Session Starts Today
And they’re off…Today marks the first day of the legislative session for 2015. With the very turbulent past few years, marked by strict party politics, grid lock, recalls and a change in the majority...
View ArticleFirst Bill Introduced Regarding Managers
As we anticipated a bill attempting to clean up manager licensing was introduced into the House. HB 15-1040 was introduced by Representative Dan Thurlow (R-Grand Junction) to narrow the number of...
View ArticleProtecting Tenants at Foreclosure Act has Expired - Now what?
The Protecting Tenants at Foreclosure Act, (“Act”) which was enacted in 2009, provided protections to tenants in foreclosed properties. The Act provided that the purchaser of a foreclosed property...
View ArticlePotential Changes to Receivership Introduced with SB 181
Recently, SB181was introduced in the Senate to provide some oversight for the receivership process in Colorado. Briefly, a receivership is the court ordered appointment of a rental manager for a...
View ArticleManager May Have E&O Deductible In Excess of $5000
The proposed Permanent Rule D of the Community Association Manager Licensing Rules provides that if a manager wishes to have a deductible larger than the $5000 prescribed by Rule D-9(2)(e) it may do so...
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