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 associations. It clarifies that only written communications among board members that are related to action taken byGo to Resource
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The Colorado Secretary of State recently announced the launching of a new filing and searching system for Uniform Commercial Code filings in Colorado. The new system eliminates traditional paper filings and requires UCC forms to be filed online. The system is designed to save businesses time and money by enhancing and streamlining theGo to Resource
One of the most mysterious – and important – clauses found in many standard contracts is the indemnification clause. What is indemnification? And how can you tell whether the clause is favorable to your business or to the other side? Indemnification is like private insurance. It’s usually an agreement by one party toGo to Resource
Recent surveys confirm that vacancy rates are falling across the Denver Metro area, yet new housing construction is not yet expanding. This means apartments and rental homes are becoming increasingly attractive business opportunities. The Governor has proclaimed April Fair Housing Month in Colorado, to celebrate the 44th anniversary of the passage of theGo to Resource
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 associations we will be updating our processes to comply with the new requirements.