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...]

Proposed Legislation Requires Mandatory Service on the Board

Written by: on Thursday, December, 18th, 2014

Just kidding.  Playing through the scenario, though, what if being “elected” to the board was like being called for jury duty?  Homeowners’ names are fed into a machine.  Then every couple of years, a button gets pushed, a ticket pops out, and bam: YOUR name is on it.  Time to serve.  (Unless you’re disqualified…or an [Read More...]

Cold Weather Brings Cold Reality for Condos

Written by: on Tuesday, December, 9th, 2014

All I’ve heard about this winter is Frozen. No, not the movie, but the pipes.  For condos (and to some extent townhomes), cold weather brings the cold reality of one familiar theme … frozen pipes, leading to water leaks, resulting in damage.  And, one of the most common disputes in a community association is the [Read More...]

DORA Sets Date for Rule Making Hearing

Written by: on Friday, December, 5th, 2014

DORA has set the hearing on its proposed rules regulating manager licensing for January 2, 2015.  Public comments will be taken during the hearing held at the Ralph L. Carr Colorado Judicial Center in conference room 1B located at 2 East 14th Ave., Denver, CO 80202. In anticipation of this hearing, DORA has issued the [Read More...]

When Pigs Fly…..as Emotional Support Pets?

Written by: on Monday, December, 1st, 2014

This morning on the way to work I heard about a pig that caused quite a disruption over the holiday weekend.  Apparently, a passenger brought a pig aboard a US Airways plane as her companion. The pig started running back and forth, causing a ruckus while its owner tried to control its behavior and clean [Read More...]