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/ Owner - June 21, 2012

Colorado Condo & HOA News

  • Update on the HB22-1137 Related Bills (CO) March 18, 2024
    The HOA foreclosure sale bill, HB24-1158, was heard by the Transportation, Housing & Local Government Committee on February 27, 2024. The recorded hearing is available on its website.   Read the article…………………………….
  • Downtown Denver condo residents say bicycle lane poses safety concerns (CO) March 18, 2024
    Residents in a downtown Denver condominium say the installation of a bicycle lane is causing safety issues for the people living there.  This past August, the city installed a bicycle lane outside of Windsor Condominiums along Larimer Street.  But residents call it a hazard every time they step out their front doorstep.   Read the article…………………………….
  • Free capital reserve studies available for APCHA condo units (CO) March 17, 2024
    The Aspen-Pitkin County Housing Authority (APCHA) is seeking participants in a free initiative aimed at supporting homeowners’ associations (HOAs) in long-term planning for maintenance and major repairs.  APCHA will fund 100% of the study costs, which amounts to nearly $167,000. The studies will seek to understand the financial health of HOAs in relation to future maintenance needs. Typically, such studies can cost HOAs up to $5,000, with higher costs for those undergoing their initial assessment.   Read the article…………………………….
  • New law means an HOA can’t stop you from hardening your home against wildfires (CO) March 15, 2024
    A new state law voids homeowners’ association rules that prevent residents from using building materials that are more resistant to wildfires.  Gov. Jared Polis signed the legislation this week. In a statement, he said the new law should help homeowners safeguard their homes and save money on insurance.   Read the article…………………………….
  • New agreement puts parking problems at Ski Time Square Condos in rearview mirror (CO) March 14, 2024
    After 17 months without on-site parking, the homeowners association for Ski Time Square Condominiums has reached an agreement with the DBT Development Group that will provide both a short-term and long-term resolution.   Read the article…………………………….
  • State lawmakers want to study HOA insurance market (CO) March 12, 2024
    When a townhome complex in Louisville lost five buildings in the 2021 Marshall Fire, the homeowners board president expected the insurance would go up.  But not this much.  The Wildflower townhome community’s annual insurance premium went from $65,000 in June 2022 to $437,000 in June 2023, according to board president Mark Appelfeller. He said the costs along with the continued struggles of rebuilding after the fire are excessive.    Read the article…………………………….
  • Why your Home Owner’s Association fees in Colorado could be on the rise this year March 10, 2024
    According to industry experts, those who live inside neighborhoods that have Home Owner Associations (HOA’s) may see a steep increase in their fees this year. They say it is because of two things: skyrocketing insurance costs and increasing labor costs.  “A lot of our clients are seeing their costs increase up and down their budget, whether it’s because of the landscape contract increasing … or insurance, or the costs of our fees and management costs associated with running the association,”  ...

Colorado News Archives

Colorado Condo & HOA Articles

  • The Construction Defect Bills (CO) March 15, 2024
    The number of laws proposed during the 2024 legislative season that affect the rights and responsibilities of homeowners associations leaves board members spoiled for choice as to which of the mounting problems or crises their associations face in the coming year they will be investing their emotional wherewithal. In an effort to alleviate the pains already being felt by many in the state caused by the current cost-of-housing crisis, the Colorado Legislature has introduced three bills aimed at bringing down ...
  • What Makes a Home………Business? (CO) March 14, 2024
    The Colorado legislature recently introduced SB24-134, a bill that requires associations to allow home businesses in your communities.  The new law, as currently written requires associations to allow unit/lot owners to run a home business in the community, BUT……..Restrictions apply!     Read the article…………………………….
  • Important Reminders Regarding Association Business (CO) March 13, 2024
    The last few weeks have proven to be very busy with regards to Homeowner Association business. Please note the following updates and recommendations regarding Associations.    Read the article…………………………….
  • Facing Property Insurance Challenges (CO) March 6, 2024
    Skyrocketing premiums for property insurance coverage for many common interest communities in Colorado, particularly condominium projects, are becoming a financial nightmare for those communities impacted by the premium hikes and the homeowners who live in them. In fact, the Speaker of the House in Colorado is sponsoring House Bill 24-1108 to require the Commissioner of Insurance to conduct a study on the property insurance market for common interest communities in Colorado and to make recommendations on measures and programs to ...
  • The Federal Corporate Transparency Act Ruled Unconstitutional in Alabama March 5, 2024
    The Corporate Transparency Act (“CTA”) has been the hot topic of discussion among HOA industry professionals, with many having concerns as to who will handle the registration process and updates. But has this concern been for naught? Possibly, as a federal court in Alabama has recently ruled that the CTA is unconstitutional.    Read the article…………………………….
  • To Tow or Not to Tow – Towing Regulations Governing Community Associations (CO) March 1, 2024
    Is finding a parking space in your community challenging? Condominium and townhome-style communities often have open parking lots which may include individually assigned parking spaces and/or parking spaces which are available on a first-come, first-served basis.  Such communities commonly adopt parking rules that aim to increase safety, improve the flow of traffic, and maximize parking convenience for residents. These rules may limit the number of vehicles a resident may park within the community, restrict parking locations, establish permissible time frames ...
  • Whe Do We Have to Submit an Insurance Claim? March 1, 2024
    One of the more confusing concepts in HOA world is insurance and knowing when to submit a claim. All too often associations get in trouble for failing to submit claims and requiring an owner to pay for damages out of pocket instead of using insurance proceeds. In this article, we will discuss how to determine if a claim must be submitted.   Read the article…………………………….
  • When to File a Breach of Contract Lawsuit or How Long is Too Long? (CO) February 22, 2024
    The Colorado Supreme Court recently issued a decision that significantly impacts common interest communities’ need to enforce contracts by filing a lawsuit or an arbitration proceeding. This decision affects the timing considerations of when such proceedings must be filed.   Read the article…………………………….

Colorado Article Archives

 

Colorado Laws

 

Colorado Condo & HOA Resources

HOA Information Office and Resource Center (Ombudsman)

CAI – Rocky Mountain Chapter
CAI – Southern Colorado Chapter

As of March, 2011, every homeowners association organized under the Colorado Common Interest Ownership Act (CRS 38-33.3-101 et seq.) must file an annual registration with the newly created HOA Information and Resource Center .  To register your HOA

The Colorado HOA Information Office and Resource Center, housed within the Division of Real Estate, has published a number of consumer resources.  They can be found on this page – click on the General Publications for HOA Members 

There are additional resources for board members here

Community Association Manager Licensing Rules

 

 Colorado HOA Forum

 

Colorado Condo & HOA Blogs

 

HindmanSanchez Law

Colorado Homeowners Association Law

HOA Blog

Ascent Management Professionals

Williams & Strohm, LLC – W & S Insights Blog

 

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