NEW COLORADO BILLS HB 21-1229 and HB 21-1061
HB 21-1229 Concerning Increased Protections for Unit Owners in the Governance of Unit Owners’ Association under the “Colorado Common Interest Ownership Act.” This bill requires the following: Associations must maintain and make available records on the HOA’s fees for...
An Age Old HOA Struggle
With over 380,000 community associations in the US, including homeowner associations, condos and co-ops, most consisting of at least some inexperienced board members, it is no surprise that there are financial planning battles and infighting when trying to maintain...
Increased Force Majeure claims Due to Covid-19
Force majeure (a French term that literally means ‘greater force’, is related to the concept of an act of God or an event for which no party can be held accountable. It is a common clause in contracts which essentially frees both parties...
NEW COLORADO BILLS THAT IMPACT Community Associations
There was a lot of action in 2020 concerning community association law. Goodman and Wallace, P.C. would like to keep you up to date on all the new bills that passed during the 2020 Colorado legislative session below… SB 20-126 Regarding the operation of a...