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January Survey Results
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Has your association borrowed or considered borrowing money in the last 2 years?
26% Yes
74% No
Has your association imposed or considered imposing a special assessment in the last 2 years?
38% Yes
62% No
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HindmanSanchez’s 2006 Predictions
Last year, our attorneys made a number of predictions for 2005. (Click here to view those predictions.) Out of ten predictions, we were right on eight, and the other two were probably correct, but elude accurate measurement.
[FULL STORY]
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Protecting The Good Name Of Your Association
What’s in a name? When Shakespeare’s Juliet asked that question, she was talking about Romeo, whom she loved despite the name that placed him on the opposite side of a family feud. Community associations asking that question today would more likely be thinking about their Web sites, because “what’s in a name” on the Web is the potential for confusion, litigation, and liability. That’s why it is essential for a community to protect its name and control its use.
[FULL STORY]
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The What, When, and Why Of Reserve Funds
One of an association’s most important duties is to maintain the common elements of the community, from the roof of a condominium, to the swimming pool, to the flower beds at the entrance way. Of course, the big question is how to pay for any maintenance, repairs, or replacement of these common elements.
[FULL STORY]
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Transitioning To A New Community Manager
by George Gardner, CMCA, Vice President/Director of the Condominium Division
Every condominium and homeowner association management company eventually comes face to face with the need to change the community portfolio manager. The actions taken by management company officials and boards in managing the change process can play a critical role in how effective and successful the transition is.
[FULL STORY]
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Recent Court Of Appeals Decision Holds Association Not Required To Arbitrate Construction Defect Case
In Eagle Ridge Condominium Association v. Metropolitan Builders, the Colorado Court of Appeals held that an association was not required to arbitrate its construction defect claim against the developer and general contractor (“builders”). The builders had argued that the association was required to arbitrate by virtue of the association’s original bylaws and individual unit sales contracts, which both stipulated that any construction defect claims were to be submitted to arbitration.
[FULL STORY]
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Question & Answer
Each month we answer legal related questions asked by our readers.
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Don't Miss CAI Day At The Capitol
Be a part of making the voice of HOAs heard at the Capitol by registering for CAI Day at the Capitol and then contacting your legislators and inviting them to the luncheon at the Warwick Hotel. (Not sure who represents you? Click here to find this important information out.) Let your legislators know that their presence is important to you! Click here for more event information and registration details.
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Education Forums
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Lunch Forums
For Managers
March 2
Are You In Shape for Summer?
12:00 - 1:30 PM
Arvada Office
5610 Ward Road
Suite 300
(1 mile north of I-70)
Dinner Forums
For Board Members
March 14
Success Basics for Board Members
6:00 - 9:00 PM
Arvada Office
5610 Ward Road
Suite 300
(1 mile north of I-70)
March 16
Success Basics for Board Members
6:00 - 9:00 PM
Fort Collins Office
4703-A Boardwak Drive
Click here to register
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Don't miss a thing this legislative session!
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Last year we were your go-to source for SB 100 information - this year we've made it even easier to keep you informed.
By subscribing to our new legislative blog - HOA Legi-Slate - you'll receive up-to-the minute information about legislative activities affecting Colorado HOAs. Click here to subscribe.
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Community Associations Institute
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The Community Associations Institute (CAI) is a nonprofit organization that provides education and resources to community associations. To find out more about CAI visit www.caionline.org
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