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/ Owner - June 21, 2012

Colorado Condo & HOA News

  • Snowmass condominium associations formally request town abandon nearby housing plans (CO) March 28, 2024
    Several condominium associations in Snowmass Village that asked the town to abandon plans for proposed workforce housing developments near its condos formally requested the town amend its housing master plan to abandon the developments.   Read the article…………………………….
  • Associations argue for tossing of PPP lawsuit (CO) March 28, 2024
    Lawyers for condominium associations based in Aspen, Snowmass Village and resort towns elsewhere in Colorado recently introduced court pleadings arguing for the dismissal of a civil-fraud lawsuit that alleges the organizations fraudulently obtained funds from the Paycheck Protection Program.    Read the article…………………………….
  • 6 Gant condominiums uninhabitable after Tuesday morning fire (CO) March 26, 2024
    Six condominiums sustained damage and are currently uninhabitable after a structure fire early Tuesday morning, according to an Aspen Fire Protection District (AFPD) news release. No injuries were reported.  According to the release, AFPD was dispatched to a reported structure fire at 610 S West End Street in Aspen at The Gant at 5:14 a.m. Initial dispatch information indicated “smoke was coming from the unit above” the reporting party in unit 104. AFPD apparatus and personnel responded immediately and were ...
  • Bills to reform Colorado’s construction defects law advance in Legislature March 25, 2024
    Two bills aimed at reforming Colorado’s construction defect law advanced through the Legislature this week, one to spur more condo development by lowering insurance costs and another to give homeowners more protection against shoddy construction.  They both have to do with the state’s Construction Defect Action Reform Act, which sets up a process for homeowners to sue builders if they discover issues with the build, but they center on different parties in the defect remedy process.     Read the article…………………………….
  • 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…………………………….

Colorado News Archives

Colorado Condo & HOA Articles

  • Maximizing Insurance Savings: A guide to maintenance, replacement, and risk mitigation in community associations March 26, 2024
    For community associations, managing insurance costs can be a challenging but crucial task. Focusing on maintenance, replacement, and risk mitigation can significantly impact insurance premiums especially when dealing with separate carriers for property and general liability insurance. Below, we explore strategies for community associations to proactively maintain and replace key elements, ultimately reducing the risk of insurance claims and maximizing cost savings.     Read the article…………………………….
  • HB22-1137: Continuing Issues with Delinquencies and Covenant Enforcement (CO) March 26, 2024
    When this article publishes, we will be about 18 months out from when HB22-1137 took effect on August 9, 2022 and made significant changes to portions of the Colorado Common Interest Ownership Act (CCIOA). The law requires associations, management companies, and attorneys to handle delinquencies and covenant enforcement in very specific ways. It required changes to already-mandated policies and resulted in additional expenses be incurred to comply with the new laws. HB22-1137 was meant to make delinquencies and covenant enforcement ...
  • Roof Preventative Maintenance for Multi-Family Communities March 26, 2024
    A roofing Preventative Maintenance Agreement (PMA) is a key component in property up-keep. This article will cover the basics of roof preventive maintenance: what it is, why it’s important, and what to look for with different roofing systems.  To start off, roof preventive maintenance is scheduled maintenance and cleaning designed to help maintain the overall health of a roof and remediate small issues before they can become larger issues.    Read the article…………………………….
  • Strategic Budgeting for Deferred Maintenance: A Roadmap for Long-Term Success (CO) March 26, 2024
    Analyzing the financial health of a homeowners association is a crucial task to ensure its ability to maintain and enhance the community and common areas. For a variety of reasons, sometimes the association will be faced with deferred maintenance. Creating a funding plan to address maintenance helps establish a sustainable financial foundation. Completing an assessment of deferred maintenance is the first step in determining the current state of the community.     Read the article…………………………….
  • 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 ...

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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