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HOA Resource Center

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Ah, Ski Season, It Must Be Time to Install Your Pool Lift

With the leaves changing, the temperature falling, and the ski resorts making snow, that can only mean one thing: ski season is right around the corner as is the January 31, 2013 Americans with Disabilities Act (“ADA”) compliance deadline for pool accessibility.   As required by the ADA, any p Read More...
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Electronics Recycling Act

SB11-269 known as the Electronic Recycling Jobs Act was approved by the Colorado legislature during the 2012 session.  The Act is intended to create new jobs in the recycling industry but may also create new fees and opportunities for Colorado communities.  The new law requires that companies who Read More...
Topics: Legislation
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HOA Owners Voice Concerns at Public Forum

Over 100 HOA owners received information from expert panelists about HOA issues and also voiced their concerns last night at a town hall meeting hosted by five Democratic state legislators. The legislators assembled a panel of government officials, HOA law experts, mediators and owner advocates to d Read More...
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HUD Issues FAQ’s for Mortgagee Letter (ML) 12-18

HUD has issued the attached FAQ’s as a follow up to the recently issued ML 12-18 regarding temporary FHA condominium approval guidelines.  The temporary, are effective until August 31, 2014, unless otherwise extended by FHA.  Many of the temporary guidelines do not apply to existing condominium Read More...
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Are Management Companies Under Attack?

In what may become a national trend, two states are attacking the issues of whether certain types of activities routinely performed by management companies amount to the unauthorized practice of law.  Last Thursday, the Florida Bar Association's committee on the unauthorized practice of law, agreed Read More...
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New FHA Condominium Changes

As we reported yesterday, FHA released Mortgagee Letter 2012-18 on September 13, 2012.  A summary of the changes, that are most important to existing condominium associations, are discussed below.  Now is a good time to reevaluate whether your community meets the threshold requirements.  Read our Read More...
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FHA Finally Comes Through

The long awaited revisions to the FHA condominium project approval guidelines were released today.  The revisions are contained in Mortgagee Letter 2012-18 and apply to any applications for approval or recertification filed after today.  Read our full blog post. Read More...
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FHA Set To Issue Revisions to Existing Condominium Approval Guidelines

FHA Officials have advised CAI of their intent to release revisions to the existing condominium approval guidelines prior to September 2, 2012. Per CAI's MortgageMatters post, the revisions are intended to provide flexibility for condominiums while enhancing risk management standards enforced by FHA Read More...
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Changes Released by FHA Yesterday Regarding Foreclosures in Associations

FHA released Mortgagee Letter 2012-11 yesterday, which amends ML 2002-19. The Mortgagee Letter clarifies certain things that must be done by the mortgagee of a FHA insured loan. Read More...
Topics: Legislation
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Times are Changing and So Are “Association Records”

You’ve no doubt read the blogs and email blasts concerning the HB 1237, which was recently signed into law by the Governor and takes affect on January 1, 2013.  HB 1237 will impact various facets of association record keeping, but have you thought about what your association will need to do to co Read More...

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