Colorado homeowners associations will have a tougher time foreclosing on their residents for unpaid debt starting in August. House Bill 1337, signed by Gov. Jared Polis in early June, creates new hurdles for HOAs before they can file for foreclosure and limits how much associations can charge in attorney fees when they are trying to collect what they’re owed. It also gives homeowners and renters a second chance at keeping their properties in the event a house is foreclosed on by an HOA and sold at auction. Read the article…………………………….
Related Post
October 27, 2022
January 7, 2013
Comments are closed.