May 2007 Education for Board Members BOD Classes Successful Covenant & Rule Enforcement May 23 6:00 - 9:00 PM Evening Forums May 3 Figuring Out Maintenance & Repair Responsibilities 6:00 - 7:30 PM May 9 Protection Against Lawsuits: Are you properly insured? 6:30 - 8:30 PM May 10 Protection Against Lawsuits: Are you properly insured? 6:30 - 8:30 PM All forums/classes are held at our Arvada Office 5610 Ward Road Suite 300 (1 mile north of I-70) Click here to register   April Quick Poll Results In the past 3 years has your association used foreclsoure as a means to collect unpaid assessments?   42% Yes  52% No    6% Don't know   Has it been   25% Largely successful  29% Not successful  56% Don't know   Past Issues View Newsletter Archive Search past issues of Community E-ssentials by keyword: Planning, Rules of Engagement, and a Firm Hand Can Make Board Meetings More Productive than Painful We've all experienced them - board meetings that last 4 hours, constant bickering, revisiting decisions made months ago, the list goes on.  This article discusses a number of strategies and ideas for making your board meeting more productive and efficient. [FULL STORY]   Seminar: Proper Protection Against Lawsuits Free Workshop For Association Board Members & Managers Association board members and managers should ensure they have the best protection available should they be named in a lawsuit.  One way to accomplish this is to carry adequate Director and Officers ("D&O") insurance.  Unfortunately, not all D&O insurance is the same.  Many have broad exclusions, or narrow definitions of a wrongful act and limitations on who is covered.  HindmanSanchez, in cooperation with Travelers Bond and Financial Products, is presenting three special workshops to aid you in ensuring that you have proper protection.  Click full story for more details. [FULL STORY]   Collection of Assessments: Creating a Culture of Voluntary Compliance Assessments are the lifeblood of associations.  While most residents are good about paying on time, some are not.  This article discusses a number of ways associations can motivate owners to pay on time before there is no longer any option but to turn the account over for collection. [FULL STORY]   Five Reasons to Amend Governing Documents In this article we discuss 5 common reasons to amend an association's governing documents, including eliminating personal liability, eliminating outdated assessment caps, removing mortgage approval requirements and providing adequate indemnification. [FULL STORY]   Right of Redemption Bill Front and Center in Legislature As the 2007 legislative session in Colorado winds down, one last significant bill remains which could potentially fix a problem in the 2006 foreclosure reform bill relative to the right of redemption for common interest communities. [FULL STORY]   Quick Poll BOD Does your association have a worker's compensation insurance policy? Yes No Don't Know HindmanSanchez To learn more about HindmanSanchez's services, visit our website at www.hindmansanchez.com To contact us or to submit a question, email us at hoa.law@hindmansanchez.com To subscribe to this newsletter click here. To subscribe to our legislative newsletter/blog www.hoalegislate.com click here.    Published by HindmanSanchez P.C. Copyright © 2007 HindmanSanchez P.C.. All rights reserved. These materials have been prepared by HindmanSanchez P.C. for informational purposes only and are not legal advice. This information is not intended to create, and receipt of it does not constitute an attorney-client relationship. Internet subscribers and online readers should not act upon this information without seeking professional counsel. Please do not send us confidential information until you speak with one of our attorneys and get authorization to send that information to us. If you wish to initiate possible representation, please contact Tom Hindman or Loura Sanchez. Tell A Friend Additional Resources:  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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