From Capitol Hill/Legislation

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As Stephane Dupont previously blogged, effective January 1, 2014, Associations are required to have a new collection policy in place that complies with the HOA Debt Collection Bill (HB 1276).  The new law requires collection policies to set forth certain procedures an Association must follow when collecting on a delinquent account.Continue Reading Time Is Running Out!

The HOA Information and Resource Center commonly shares information on federal and state laws regulating HOAs in Colorado.  However, the Office just disseminated important information to registered HOAs relating to the recent discovery of the emerald ash borer insect in Colorado.  Since ash trees are extremely common in Colorado, HOAs are encouraged to read this communication from the Colorado Department…

Following the recall of Senator John Morse, Senate Democrats just elected Senator Morgan Carroll as the President of the Senate.  For those of you who are political junkies, you know that Senator Carroll has been a pivotal player over the years on legislation pertaining to HOAs. 

Just this past year, Senator Carroll sponsored in the Senate the…

There’s no doubt about it that the flooding in Colorado has been absolutely devastating.  In fact, insurance professionals are now classifying this natural disaster as a one thousand year flood event!  If you are in the unfortunate position of having no insurance or inadequate insurance to cover your losses, check out this FEMA Fact Sheet on Federal Aid…

I previously blogged about the necessity of updating association collection policies and procedures as a result of recent legislative changes effective on January 1, 2014.  

In addition to preparing a revised collection policy, associations are also required to send new collection notices which provide specific information to delinquent owners. The notices must provide the…

CAI National has just published the following statement on a new Freddie Mac policy addressing delinquencies in superlien states.  Since Colorado is lucky enough to be a superlien state, this new policy will impact Colorado HOAs.  Here is what CAI has to say about the new policy: Continue Reading Freddie Mac Revises Policy on Assessment Delinquencies in Superlien States

It is my pleasure once again to teach the annual Legislative Update for Homeowner Associations which is hosted in Aspen by the Aspen/Pitkin County Housing Authority (APCHA).  This seminar is free of charge and is open to board members, homeowners and HOA managers.  If you live in the Aspen area or are vacationing there, please join us for this seminar!  In addition to the information in this APCHA flyer, here are some specifics you need to know:

Date of the Seminar:  Thursday, August 22, 2013

Time:  11:30 am to 1:30 pm

Location:  Aspen City Council Chambers located at 130 South Galena Street

For more information and to RSVP, please call APCHA at 970-920-5050

Hats off to APCHA for providing this outstanding service for those living in and serving HOAs in the Aspen area!Continue Reading HOA Legislative Update Class Hosted by APCHA in Aspen!

If you remember during the mortgage meltdown a few years ago, Fannie Mae and Freddie Mac became embroiled in scandal and bad press.  It now looks like there is some movement in the United States Congress to deal with Fannie and Freddie.  CAI National has just reported that eight United States Senators have introduced a bill that would wind down the operations of these quasi-governmental entities.  The big question is whether or when the bill will get traction.  Here’s what CAI has reported: Continue Reading Bill Introduced in United States Senate to Replace Fannie and Freddie