2012 Colorado Legislative Tracking Report - Updated January 25, 2012
2012 Colorado Legislative Tracking Report - Updated January 25, 2012
Earlier today, Aaron Acker, the HOA Information Officer issued his first report as required by law. You can read the full report here. As we analyze the data and conclusions contained in the report we will provide our analysis of what this might...
While 2012 maybe a quiet year for legislation affecting associations because of partisan politics, CLAC reports that they have been 'put on notice' that legislation will be introduced in 2013 to level the playing field between homeowners and associations.
The issue according to the unnamed legislator is that homeowners don't have a viable way to enforce those provisions in...
During the breakfast the following highlights were discussed:
- If sunrise process results in a recommendation of no regulation, the Colorado Legislative Action Committee will NOT introduce a bill.
- If there is a recommendation for licensure, CLAC will...
Does your community use booting as an enforcement mechanism? “Booting” a vehicle involves placing a metal lock (i.e. “boot”) on one of the vehicle’s wheels making it impossible to drive or move the vehicle until the boot is removed. Although booting is not as popular as towing, it has been used by associations as a less expensive alternative to address improperly parked vehicles in their...
The January issue of the Colorado Real Estate News, contains a review of what exactly the HOA Information Office and Resource Center has done, seen and heard in the past year. Here is what...
Association as landlord?! Occasionally it happens. Our advice to clients who obtain ownership of a home through foreclosure is to rent it out until the first mortgage forecloses on the property. One of the questions we are asked is, “What happens to our tenant...
As we anticipated, the 2012 Colorado Legislative Session may be a busy one as it relates to laws affecting associations. On opening day, SB12-030 was introduced as a "clean-up" bill for certain administrative provisions of the public trustee...
How many times have you heard a homeowner say, "I gave up my house in my bankruptcy, so I don't owe any more assessments"? Homeowners commonly make this claim. However, most of the time, they are wrong.
Most Chapter 7 bankruptcies include a Statement of Intent, notifying the Court and creditors whether the homeowner plans to retain or surrender their property. Even if the...
An unpublished decision in a lower California court recently upheld a community association’s attempt to charge substantial extra fees to owners who rent out their units. Stating that they were acting in accordance with the...