News and Legal Updates

  • First Construction Defects Bill Passes Through Committee

    A Colorado Senate committee – the State, Military and Veteran Affairs Committee – voted to decrease the amount of time homeowners have to assert construction defects. The committee vote occurred March 16th on Senate Bill 15-91. The time to sue would be reduced from 6 years to 5 for single family homes. A separate bill, Senate Bill 15-177, has not yet been heard by a committee. That bill would impose restrictions on the ability of homeowners associations to sue for defects. Opposition to these bi ...

    by Aaron Goodlock
    Wednesday, 18 March 2015
  • Proposed Reduction of Time HOAs Could Pursue Construction Defects

    A Senate Bill is pending, 15-091, to reduce the time allowed to pursue construction defects from 6 to 3 years.  If a claim arises in the second or third year the HOA would have just 1 year after the cause of action arises.  If passed, these time periods would be among the shortest in the country. Claims of some HOAs would be eliminated.  A hearing on this bill will be held by the Senate Judiciary Committee on March 16, 2015. Attend the hearing, or listen to it online. ...

    by Candyce Cavanagh
    Friday, 13 March 2015
  • Quarterly HOA Manager Breakfast

    The Rocky Mountain Chapter of CAI now has quarterly manager breakfasts – designed specifically for HOA managers and only managers.  No HOA board members, HOA attorneys or others are allowed! The first breakfast is set for Wednesday, March 4th at 7:30 am at LePeep’s at 1699 S. Colorado Blvd.  These quarterly breakfasts allow managers to get together, work through successes, concerns and frustrations.  You can register through the CAI RMC website.  Managers are encouraged to a ...

    by Jerry Orten
    Monday, 02 March 2015
  • 2015 Construction Defect Reform Legislation

    The State Legislature is considering changes to construction defect law under Senate Bill 2015-177 and Senate Bill 2015-91.  These bills would make it harder for HOAs to bring construction defect lawsuits against developers. Senate Bill 177 would amend the Colorado Common Interest Ownership Act (CCIOA), not the Construction Defect Action Reform Act (CDARA).  This bill would require a majority vote of unit owners rather than just a majority vote of the board; require the HOA to inform ...

    by Jerry Orten
    Wednesday, 25 February 2015
  • Affordable Housing Fund Proposed – Backed by Recording Fees

    State Senator Ulibarri has introduced Senate Bill 2015-79 to seek to fund statewide affordable housing through a surcharge on recording fees of County Clerks and Recorders.  Community associations record notices of liens, notices of violations, amendments to declarations and more.  This bill, if passed, will have fiscal impact on associations.  The extent of which will depend on the number of documents recorded.  Under current law, each County Clerk and Recorder collects a ...

    by Candyce Cavanagh
    Friday, 16 January 2015
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