Options For the Abandoned Property That Bank Will Not Maintain

Written by: on Friday, May, 6th, 2016

Almost every Association has the one property that the owners have abandoned and that the bank is dragging its feet on to foreclose. What can an association do to try and get the bank to move along the foreclosure process? One solution may be to file a complaint with the Consumer Financial Protection Bureau (“CFPB”). [Read More...]

CAM License Renewal—Can You Believe It’s Been Almost a Year???

Written by: on Monday, May, 2nd, 2016

It’s hard to believe the Community Association Manager License requirements took effect almost an entire year ago, and we are now approaching the first annual CAM renewal deadline, which is only a couple of months away (June 30th). Since the license renewal process is a first for Colorado CAMs, there will no doubt be plenty [Read More...]

Tax Relief—The HOME Act Now Has Bi-Partisan Support!

Written by: on Friday, April, 15th, 2016

On March 3, 2016, Congresswoman Anna Eshoo (D-CA) and Congressman Mike Thompson (D-CA) introduced the “Helping Our Middle-Income Earners (HOME) Act.”  The purpose of the HOME Act is to lighten the financial tax burdens on middle class Americans residing in covenant controlled communities.  This is done by allowing qualifying individuals to deduct association assessments and [Read More...]

Condominium Questionnaires—Is There Light at the End of This Tunnel??

Written by: on Monday, April, 4th, 2016

Management companies definitely take the brunt when it comes to condominium questionnaires from various lenders.  Every lender has its own form and every form wants different information, some of which is not readily available.  No wonder there is so much confusion and frustration when it comes to filling out the questionnaires.

It’s the Seventh Inning Stretch…Let’s See Where We Are

Written by: on Friday, April, 1st, 2016

As we are approximately at ¾ of the way through the 2016 Regular Session of the Seventieth General Assembly, which is set to adjourn on May 11, 2016, we thought it was time to provide the seventh inning stats. Since the Assembly convened on January 13, 2016, eight bills have been introduced that mention or [Read More...]