HindmanSanchez Law Blog

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Written By Loura K. Sanchez | Tuesday, January 22, 2013 | State Legislation

Yesterday, CAI sent an email which provided a summary of HB1134.  In the email, the Legislative Action Committee indicated that it was:

  1. Supportive of the educational provisions, since they are consistent with the intent of the original...
Written By Loura K. Sanchez | Monday, January 21, 2013 | State Legislation

In HB13-1134, introduced last Friday, Senator Carroll and Representative Ryden are proposing that the HOA Information and Resource Center be expanded in several keys ways:

  1. Mandating that the Center:
  2. ...
Written By Loura K. Sanchez | Friday, January 18, 2013 | State Legislation

In a press release issued this week, the Colorado HOA Forum, an advocacy group, challenged legislators to:

  1. Add enforcement and penalty provisions in CCIOA for non-compliance by associations;
  2. Require out-of-court, binding dispute resolution for most association/owner disputes;
  3. Limit the fees and costs that can be added to delinquent association debt;...
Written By Loura K. Sanchez | Wednesday, January 16, 2013 | Community Associations Miscellaneous

We are excited to announce that our 2013 Community Association Handbook has been republished and posted to our website for your convenience.  Our latest edition provides the most current information regarding Colorado homeowner associations.

  The handbook gives you easy access to information about collections, foreclosures and CCIOA and while also providing full copies of...

Written By Loura K. Sanchez | Tuesday, January 15, 2013 | Community Associations Miscellaneous

So far this winter, the Denver area has experienced mostly unseasonably warm, dry weather, which has spared us from the usual flurry of frozen pipe claims.  But as the frigid temperatures of the last few days have reminded us, Colorado weather changes often and a cold snap is likely to strike at any time.

  When the temperatures plummet, we begin to hear the horror stories...

Written By Loura K. Sanchez | Monday, January 14, 2013 | Community Associations Miscellaneous

In Florida, delinquent owners are prohibited from serving on their association’s board.  While Colorado does not have a similar law we do recommend that associations include such a requirement in their...

Written By Loura K. Sanchez | Thursday, January 10, 2013 | National Legislation

This morning, the Consumer Financial Protection Bureau released its federal Qualified Mortgage standard.  The new guidelines establish minimum requirements for all mortgage loans which now include association assessments. Lenders are required to prove that borrowers have the financial resources to pay mortgage principal and interest, insurance premiums, property taxes and association...

Written By David A. Firmin | Thursday, January 10, 2013 | State Legislation

In the world of homeowner associations, “transparency” is the word of the day.  On January 1, 2013, the provisions of HB1237 concerning association records went into effect.  HB1237 amends the...

Written By Loura K. Sanchez | Tuesday, January 8, 2013 | State Legislation

Get ready for an action packed legislative session!  Senator Morgan Carroll is prepared to introduce bills that will give the HOA Information Officer more power and transform the position from a collector of information and provider of resources into an enforcer and advocate for owners, or as Bill Vogrin of Side Streets call it, a HOA Czar!

In addition, manager...

Written By Loura K. Sanchez | Monday, January 7, 2013 | Community Associations Miscellaneous

We often times suggest that boards adopt a maintenance and insurance checklist that clarifies whether the association or an owner is responsible for maintaining and insuring various components within a community.

  The checklist works far better than reading...