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/ Owner - June 21, 2012

Colorado Condo & HOA News

  • HOA insurance premiums skyrocket across Colorado, driving up condo dues February 23, 2024
    To say Rosalie Hayes was stunned when she opened the letter describing a dues increase at her Arvada condo complex this year would be an understatement.  “When I opened this letter, it was just like you could have knocked me over with a feather,” she said. “It was a shock.”  Read the article…………………………….
  • Some Colorado HOAs ban using fire-resistant building materials. This proposed law could overrule that February 22, 2024
    A Colorado Senate committee on Tuesday advanced legislation that would block homeowners’ association rules that prevent residents from using fire-resistant building materials, a change that firefighters and insurance experts say would give communities more options to harden properties against climate-fueled wildfires.    Read the article…………………………….
  • Lawmakers advance bill that would void HOA rules that block wildfire-hardening (CO) February 21, 2024
    A Colorado Senate committee on Tuesday advanced legislation that would block homeowners’ association rules that prevent residents from using fire-resistant building materials, a change that firefighters and insurance experts say would give communities more options to harden properties against climate-fueled wildfires.   Read the article…………………………….
  • Housing Matters: Capital reserves study for HOAs on the horizon (CO) February 15, 2024
    During the recent Jan. 17 Aspen-Pitkin County Housing Authority board meeting, the APCHA board approved spending $170,000 to fund capital reserve studies for up to 40 APCHA homeowner’s associations.   Read the article…………………………….
  • Here’s what Colorado law says about HOAs February 8, 2024
    It’s no secret the cost of just about everything is going up, and for some property owners that may also be the case for HOA dues this year.  Nearly half of the state’s population lives in a homeowners association or “HOA”, and homes being built now are more than likely subjected to one.     Read the article…………………………….
  • Boulder preschool loses playground access in HOA dispute (CO) February 8, 2024
    The owners of a small, nonprofit preschool in Boulder’s Iris Hollow neighborhood fear a disagreement with the homeowners association over access to a playground could eventually force them to move or close.   Read the article…………………………….
  • Colorado lawmakers introduce bill to foster more condo construction February 7, 2024
    In yet another effort to alleviate soaring housing costs in Colorado, lawmakers on Monday introduced a bill aiming to boost condominium construction in the state — an option historically seen as a way for first-time homebuyers to enter the housing market.  Read the article…………………………….

Colorado News Archives

Colorado Condo & HOA Articles

  • 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…………………………….
  • When to File a Breach of Contract Lawsuit or How Long is Too Long? (CO) February 21, 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…………………………….
  • Proposed Bill to Affect HOA Foreclosure Sale Requirements (CO) February 1, 2024
    Introduced January 31, 2024 by Representative Naquetta Ricks, the proposed bill, HB24-1158, would severely hamper an HOA’s efforts to foreclose for unpaid assessments. The bill proposes that prior to turning over a delinquent account to collections or to an attorney for legal action, an HOA must send a notice to the owner that free information about collections and foreclosures may be obtained through the Department of Regulatory Agencies’ HOA Information and Resource Center. Read the article…………………………….
  • Important Reminders for Collection Procedures (CO) January 31, 2024
    It is very important to properly reflect in a Managing Agent’s software or Association’s records when an account is transferred to legal collections, as accepting payments for accounts that are in legal collections, or speaking to Owners whose accounts are in legal collections regarding their account may negatively impact the Association’s ability to collect the full outstanding balance. Read the article…………………………….
  • How Long Do I Have to Keep Association Records? (CO) December 20, 2023
    Did you know that both CCIOA and the Colorado Revised Nonprofit Corporation Act, provide retention timeframes for certain records? For example, did you know that the Nonprofit Act requires associations to keep the following records permanently:     Read the article……………………………..
  • Little Known Provisions in CCIOA and the Nonprofit Act (CO) December 1, 2023
    The Colorado Common Interest Ownership Act (“CCIOA”) and the Colorado Revised Nonprofit Corporations Act (“Nonprofit”) are the two primary statutes governing common interest communities in Colorado. These statutes are long, complex, and contain provisions many people are not familiar with, and, frankly, may not care about.   Read the article……………………………….
  • Special Assessments – ‘Tis the Season! (CO) December 1, 2023
    What is a special assessment? A special assessment is an assessment that is not contemplated in an association’s budget for the fiscal year and is therefore over and above the regular assessments imposed in accordance with an association’s budget.   Read the article……………………………….
  • What to Do When a Vendor May be Filing for Bankruptcy (CO) November 24, 2023
    With continued inflation, rising costs of materials, and the volatility of our current economy, we continue to experience financial impacts to community associations, including the impact to an association when one of its vendors decides to file bankruptcy.   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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