On Tuesday, the House passed HB 11-1095, a bill intended to protect corporations (which include homeowners associations) from identity theft by requiring password protections on the Secretary of State's website. The bill now heads to the...
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Attorney General Eric Holder signed final regulations revising Titles II and III of the Americans with Disabilities Act of 1990 (ADA). The revised regulations will take effect March 15, 2011, and compliance must be achieved by March 15, 2012.
Some highlights of the new law include revisions to the ADA Standards...
As originally introduced, HB 1197 would have had a serious, negative affect on associations’ superliens. Luckily, Representative Gardner, the bill sponsor, has worked closely with stakeholders to rewrite the bill. The rewrite resulted in a...
So far during the 2011 legislative session, we’ve seen a number of bills and a lot of action on issues that may impact the community association industry in Colorado. Fortunately, nothing has yet passed that would have a significant negative impact. The only bill left to watch carefully is the Superlien bill...
As you should all know by now, HB 1278 is in full swing. The bill created an HOA Information & Resource Center, which is now being run by new HOA Information Officer Aaron Acker.
As reported in...
A group of condominium owners has filed a lawsuit against a bank and developer. The owners decided legal action was necessary when 3 of them could not refinance their loans because the community did not meet the 2009 Fannie Mae underwriting guidelines. The primary complaint is that the bank who sold to the developer and the developer should have known that by selling the remaining buildings...
Once again, in a move that enables continued negotiations on this important bill, the hearing on the Superlien Bill, HB 11-1197, in the House and Economic and Business Development Committee has been postponed until next Tuesday. We hope this...
In part due to the comments from and engagement of stakeholders in the homeowner association industry, the Senate Judiciary Committee today voted 5-4 to indefinitely postpone SB 11-122, the Junior Lienholder Bill.
It's not over yet: the...
Good news: the hearing on the Superlien Bill, HB 11-1197, has been rescheduled for Thursday, 2/17/11, at 1:30 pm in the Economic and Business Development Committee. Negotiations led by Community Associations Institute's Colorado Legislative...
HB 11-1197, concerning association superliens, is moving ahead, and is scheduled for a hearing tomorrow before the House Economic and Business Development Committee. As originally introduced, this bill would make a number of changes to the...