Category: CCIOA

Are You Considering Conducting a Vote by Mail?

Written by: on Friday, August, 7th, 2015

Associations routinely conduct votes by mail, rather than at a meeting, for several reasons.  It could be that more homeowners tend to respond to mail queries than voting at a meeting. Or maybe too many homeowners live offsite and wouldn’t be able to show up at the meeting anyway. Or perhaps the association has already [Read More...]

FHFA Moves Threatens Community Associations

Written by: on Tuesday, December, 23rd, 2014

In a release earlier today CAI alerted our industry to the Federal Housing Finance Authority’s position expressing concern about state statutes, such as our super lien statute, that allow community associations to obtain lien priority over first mortgages for unpaid association assessments. FHFA has asked a federal court to intervene to help mortgage companies at [Read More...]

DORA Report Issued – And Changes Are a Coming (just not this year)

Written by: on Thursday, January, 9th, 2014

As part of the sweeping changes to the Colorado Common Interest Ownership Act in the 2013 legislative season, the Office of HOA Information and Resources was required to study the legislative and operational components of other states to determine how those regulatory structures work and deliver a report, along with recommendations back to the Legislature.  [Read More...]

Don’t Forget To Register

Written by: on Thursday, September, 19th, 2013

As you may recall, Article IV of CCIOA requires community associations to register annually with DORA.  In 2012, DORA issued a statement interpreting Article IV of CCIOA to only require registration by communities created on or after July 1, 1992. Those associations created prior to July 1, 1992, therefore, relying on the DORA statement, may [Read More...]