As of January 1, 2024, the newly enacted federal Corporate Transparency Act (CTA) is in effect. This legislation has significant implications for various business entities across the United States, including ...
One of the biggest challenges facing homeowners' associations today is the affordability of property insurance. There are three main problems: The price of insurance (the insurance premium) has increased dramatically ...
There are several important legislative updates that will impact how homeowners' associations (HOAs) manage delinquent accounts. Governor Polis has recently signed House Bill 24-1233, which introduces several modifications to the ...
Colorado law requires HOA board members to act in good faith, with the care an ordinarily prudent HOA board member in a similar position would use, and in a manner ...
As a law firm that works with homeowners’ associations (“HOAs”), we have noticed a trend in disputes relating to resale disclosure certificates and HOA insurance loss assessments. Consider the following ...
While the roles of Directors and Officers are often filled by the same people, there is a technical distinction between the roles. One of our previous blogs provides more details ...
There have been some recent developments in Minnesota law that are likely to affect Minnesota’s homeowners’ associations and property management companies. As you review the changes discussed briefly below, consider ...
The Minnesota Supreme Court recently issued a decision in Windcliff Association, Inc. v. Breyfogle that has important implications for homeowners' associations (HOAs). The case involved a dispute over the interpretation ...
The power of sale to foreclose is an incredible tool of recovery available to creditors. However, community associations have practical considerations when utilizing a power of sale. First, there is ...
Association boards of directors are responsible for operating their communities consistent with the community’s governing documents (the Articles of Incorporation, Bylaws, and Declaration) and the various covenants, conditions, and restrictions ...
