2012 Colorado Legislative Tracking Report - Updated May 15, 2012
HindmanSanchez Law Blog
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As a number of the complaints received by the Division of Real Estate's Homeowner Association Office related to transparency of associations, the Colorado legislature attempted to clarify what constituted an association record. HB 1237 seeks...
As reported in today's Side Streets blog post, Aaron Acker has resigned. Mr. Acker ran the HOA Information & Resource Center, which was created under...
Last week the Colorado Senate passed HB12-1237 with limited amendments. The House must now approved the Senate's amendments which is expected to happen anytime.
One of the amendments approved by the Senate is very beneficial to...
On April 12, 2012, Governor Hickenlooper signed SB12-030. This bill become law on September 1, 2012, and will apply to foreclosures started after that date. While most of the bill is administrative in nature and has minimal impact on...
The Federal Housing Finance Agency’s (FHFA) March 15 final rule on deed-based transfer fees was a huge victory for community associations across the country. FHFA’s initial proposal would have banned federally backed mortgages for any property in a community association with a deed-based transfer fee. As originally drafted, the rule would have cut off nearly all mortgage funding for 11 million...
The rate of complaints about HOAs have been increasing in 2012 over 2011, as reported by Aaron Acker, the HOA Information Office of the Colorado Department of Regulatory Agencies. Mr. Acker was one of the speakers at panel discussion on Manager Licensing and Legislative Update held during the April 5 Spring Showcase event by...
SB12-030 passed the House on Third Reading yesterday and will now be forwarded to the Governor for signature. The bill will not have any impact on much of what associations do except for the the selling of liens.
In...
The March 15, 2012 compliance deadline for ADA pool compliance deemed "POOL-MAGGEDON" by industry insiders has been extended. In an unexpected but not surprising move given the public outcry against the revised pool access rules, President Obama ordered a 60 day stay on the implementation of the enforcement of pool rules that require all "places of public accommodation" to be accessible, see...
Many associations have a logo associated with the name of their association. This may appear on entrance monuments, newsletter mastheads and communications to owners. As one association in Florida is realizing, the use of the logo developed by a developer or real estate agent in connection with the development of the community may not be legal.
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