Many of us in the HOA industry in Colorado have been anxiously awaiting publication of information regarding the report from the HOA Information Officer to the Director of the Division of Real Estate on complaints received relating to HOAs.  A synopsis of findings of the HOA Information Center on complaints was just published in the Colorado Real Estate News.   …

Last year during the 2011 legislative session, Representative Cindy Acree was successful in passing House Bill 11-1110 to address open meetings and transparency in governance for “Residential Nonprofit Corporations.” As originally drafted, the bill would have included homeowners’ associations (“HOAs”) that were similarly regulated under the Colorado Common Interest Ownership Act (“CCIOA”). Since this wasn’t the intent of the bill, Representative Acree specifically excluded HOAs from the definition of "Residential Nonprofit Corporations" and focused upon independent senior living facilities. Continue Reading Bill Introduced to Address Open Meetings for Residential Nonprofit Corporations

The 2012 legislative session kicked-off today in Colorado! At this early stage in the session, Senate Bill 12-030 (“SB 030”) was introduced to clean-up administrative provisions of the public trustee foreclosure statute. Continue Reading Senate Bill 12-030 Requires Assignment of Liens Be Produced Prior to Redemption

Have you ever had an opportunity to review minutes of a meeting, and from what is written, you are able to create a mental picture of who was actually speaking and what they were saying? Not only that, from the words written, you can glean the emotion with which everything was said and delivered. That’s all well and good for writing a novel, but it is the exact opposite of what should be done when preparing minutes.

Minutes should be minutes, not hours. That’s what we say when we are provided with a copy of the minutes of a board meeting or members’ meeting and they go on for pages and pages, with a transcription of everything said and the demeanor in which it was said.Continue Reading Minutes Should Be Minutes, Not Hours

As an important reminder, HOA boards and management should remember to renew the registration for your HOAs with the Colorado Division of Real Estate on the HOA Information and Resource Center webpage. Here’s what you need to know to register:Continue Reading Important Reminder: Renew Your HOA’s Registration

In my posting yesterday, I blogged on 2012 New Year Resolutions for directors of HOAs with an emphasis on their personal development as leaders of their communities. In that posting, I invited board members to provide me with governance topics they would like us to blog on. One of the first responses I received was a great one that dealt with the often misunderstood topic of executive sessions. Continue Reading HOA Boards and Executive Session: What You Need to Know

Last year at this time, I blogged on recommended New Year Resolutions for HOA boards. In that posting, I focused on boards taking a serious look at the fiscal health of their communities and their plans to fund reserves. While that posting was based upon policy issues, I thought it would be worthwhile this year to address the individual development of directors with a focus upon excellence. With that in mind, here are some New Year Resolutions directors of homeowners’ associations (“HOAs”) may want to consider:Continue Reading 2012 New Year Resolutions for HOA Directors

The Rocky Mountain Chapter of CAI is hosting a CAI Industry Update Breakfast on January 20, 2012.  Here’s what you need to know about the event: 

 

"On November 4th, CAI’s Colorado Legislative Action Committee filed a Sunrise Application with the Colorado Department of Regulatory Agencies (“DORA”) to determine whether the licensure of…

Back in 2005, the Colorado General Assembly passed Senate Bill 100 which requires that every homeowners’ association (“HOA”) in Colorado must adopt 8 Responsible Governance Policies. Since that time, an additional policy has been added to the mix and the requirement for the “conflicts of interest” policy has been further refined. 

As a reminder, here are the 9 Responsible Governance Policies each HOA must adopt and comply with: Continue Reading 2012 HOA To Do List Reminder: Review and Comply with Responsible Governance Policies