First Bill Makes it Through

Written by: on Tuesday, April, 14th, 2015

The first bill amending parts of the Colorado Common Interest Ownership Act made it out of the legislature this week, and was forwarded to the Governor on April 13, 2015.  HB 1095  which amends CRS 38-33.3-119 by permitting communities created in the state prior to July 1, 1992 to opt out of CCIOA by providing [Read More...]

Manager Licensing Changes are A Foot…again

Written by: on Friday, April, 10th, 2015

On April 8, 2015, HB 15-1343 was introduced into the House Business and Labor Committee as an effort to streamline the manager licensing requirements.  The bill attempts to clarify who is required to hold a manager license; exempts executive officers who employ licensed managers from the licensure requirement; adds the definition of a “designated manager”; [Read More...]

Manager License Application Finally Out!

Written by: on Wednesday, April, 1st, 2015

THIS IS NOT AN APRIL FOOL’S JOKE!! After much waiting and anticipation, DORA has released the Community Association Manager License application!!  So for those of you who have completed all the prerequisites for the CAM License, you may now proceed to the final step! For those of you wondering whether you have completed all the [Read More...]

SB 15-177 Approved by Senate Committee

Written by: on Thursday, March, 19th, 2015

A Colorado Senate committee voted last late night to forward SB 15-177 to the full Senate with four approved minor amendments. After hearing over eight hours of testimony from over forty witnesses representing both proponents and opponents of the bill, the Senate Business, Labor and Technology committee voted 6-2 to approve the bill.  SB 15-177 [Read More...]

The Ever-Increasing Deductible Dilemma, Part One

Written by: on Wednesday, March, 18th, 2015

It is becoming more and more common place.  A condominium association has a few claims on its insurance policy over the years and premiums start to rise.  In order to purchase affordable casualty insurance to cover the common elements and the portions of the units the association is obligated to insure per the governing documents [Read More...]