On September 16th over 90 participants gathered for an afternoon of can-sculpting fun, with live music, drinks and excellent company at Altitude Community Law’s 2nd Annual Community Can-Can Event. This year’s canned food drive/sculpture competition included six Colorado community association management companies, whose teams donated their time, energy and money, to help contribute Go to Resource
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If you missed out on applying for our 2011 Community Can-Can Grant, which was awarded to Sierra Point Condominium Association, there are still other grants available for associations looking to go green, improve sustainability and improve the sense of neighborhood through the Neighborhood Resource Center.
Most of the new guidelines set forth in the new Condominium Project Approval and Processing Guide became effective June 30, 2011, including provisions regarding new insurance requirements for associations and management companies. One problematic provision in the new guidelines is the requirement in Section 2.1.9 which states that any homeowners association engaging theGo to Resource
The House Financial Services Committee’s Subcommittee on Insurance, Housing and Community Opportunity hosted a hearing on September 8 examining the role of FHA in the mortgage markets. Acting FHA Commissioner Carol Galante testified to FHA’s role in the post crash housing market and noted progress made by FHA in ‘improving’ the condominium insuranceGo to Resource
Property owners commonly form limited liability companies (“LLCs”) for the purpose of developing, holding, or leasing investment or commercial properties. LLCs are used as the entity of choice due to their flexibility, ease of formation, and tax treatment. The thought behind holding the property in the name of the LLC, rather than inGo to Resource