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HOA Resource Center

Most Recent Items

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SB 15-177 Approved by Senate Committee

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 commi Read More...
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THE EVER-INCREASING DEDUCTIBLE DILEMMA, PART ONE

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 i Read More...
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Rule F9 Revised with Respect to Disclosure of Conflicts of Interest

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 Read More...
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House Seeks To Protect Rain Barrels

Last week, HB 15-1259 was introduced to the House of Representatives and referred to the Committee on Agriculture, Livestock & Natural Resources.  The Bill, as drafted, will protect personal rain barrel collection systems and establish the following guidelines: Read Complete Blog Post. Read More...
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Managers Given the Ability to Determine When Funds will be Deposited

Under the proposed Permanent Rule E6 to the Community Association Manager Licensing Rules, all money belonging to others received by a manager must be deposited within 5 days of receipt by the manager.  However, depending on the needs of the community and the types of funds received, Read Complete Read More...
Topics: State
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DORA Resolves Crime Fidelity Insurance Issue

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. Read Comp Read More...
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Manager May Have E&O Deductible In Excess of $5000

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 Read More...
Topics: Local, Current
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FINAL CAM RULES ADOPTED!!

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 Read More...
Topics: State
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Equal Protection Under SB 15-177

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 Read More...
Topics: Current
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DORA Hearing Today

Today, DORA held a hearing on the proposed permanent rules for manager licensing. Testimony was given by over a dozen individuals. We should receive final rules within the next week. As always, we will keep you informed when they are released. During the hearing it was announced that the annual lic Read More...
Topics: Management

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