Rule F9 Revised with Respect to Disclosure of Conflicts of Interest

Written by: on Thursday, March, 12th, 2015

Prior to the most recent changes, managers would have been required to disclose “perceived” conflicts.  This is no longer the case.  However, managers should be aware that under the proposed Permanent Rule F9 of the Community Association Manager Licensing Rules you must disclose any actual or potential conflicts that may arise in the conduct of [Read More...]

DORA Resolves Crime Fidelity Insurance Issue

Written by: on Wednesday, March, 11th, 2015

As a result of the hard work of many management company CEOs, the proposed Permanent Rule D10 to the Community Association Manager Licensing Rules has been substantially revised to make it realistic for managers and management companies to satisfy the crime fidelity insurance requirements.  The rule allows managers or management companies to either obtain crime [Read More...]

Manager May Have E&O Deductible In Excess of $5000

Written by: on Wednesday, March, 11th, 2015

The proposed Permanent Rule D of the Community Association Manager Licensing Rules provides that if a manager wishes to have a deductible larger than the $5000 prescribed by Rule D-9(2)(e) it may do so by requesting permission from the Director of the Colorado Division of Real Estate and depositing the amount greater than $5000 in [Read More...]

FINAL CAM RULES ADOPTED!!

Written by: on Tuesday, March, 10th, 2015

As manager licensing and the manager license exam become more and more real to the industry, many are still struggling with understanding the licensing requirements and rules.  But on March 9, 2015, the Director of DORA has finally adopted the official Manager Rules.  The final Manager Rules will become effective on May 6, 2015. Although [Read More...]

Equal Protection Under SB 15-177

Written by: on Friday, March, 6th, 2015

Equal. Protection. Read again: Equal. Protection.  Those are important words in America.  Those two words succinctly state the core purposes of a democratic government.  Each citizen should stand on an equal footing with all other citizens.  The basic function of government is to ensure equality under the law. Government must protect a citizen’s rights in [Read More...]