Is the End here?

Not the end of the virus (though that cannot come soon enough), but the end of a condominium or planned community?  A community can end (be terminated) following the process in the Colorado Common Interest Ownership Act and/or in the declaration.  A super majority of the owners decide.  If the community is no longer desired to be kept in place and there is agreement among a super majority of the owners, CCIOA allows for the end of the community.  In the statute this is referred to as termination.  We have a checklist for the process to be followed and have assisted many communities with this process.  Contact one of our attorneys if the end of the community is desired to be considered.

Attention: Pending bills HB 1200 & 1333 have been delayed

Due to the COVID-19 outbreak in Colorado, the legislature has suspended operations and postponed the hearing of both pending house bills 1200 & 1333.  A new hearing date has not been set.  This postponement provides you with additional time to further your knowledge on the impact either of these bills (if passed) would have on your community.  See the recent article regarding these two proposed bills here.  Additional resources you may be interested in include a  checklist on ‘how to influence pending state legislation,’ and a website to help you determine who the elected officials are in your district.

Is there a bill pending in the state legislature that you are concerned with?

You can influence state legislation. Here’s a checklist on ‘how to influence pending state legislation.’ Ideally, you have established a personal relationship with your State Senator and State Representative. Regardless, your input to state legislators and/or the Governor aids these elected officials in establishing statutes that reflect better public policy. Click here to determine who the elected officials are in your district. Good luck!

Should Denver’s Parks, Streets and Public Places Become Housing? ‘Occupy Denver’ Re-Dux?

Denver voters will consider these questions as Initiative Ordinance 300 (“Initiative 300”) on the ballot for the May 7, 2019 election (along with candidates for mayor, other offices and Initiative Ordinance 301).

Continue reading

New Federal Rules Require 3 Day Disclosures by Management Companies and HOAs

The Consumer Financial Protection Bureau has implemented a new rule requiring disclosure of HOA costs and fees in 3 business days.  This includes CIC documents, transfer/record change fees, status letter fees, assessments and dues and working capital.

Continue reading
Website Logo

Orten Cavanagh & Holmes, LLC
Copyright © 2020 Orten Cavanagh & Holmes, LLC.
Disclaimer

facebook Logo twitter Logo linkedin Logo YouTube Logo

Denver

1445 Market Street, Suite 350
Denver, CO 80202
Main: 720-221-9780
Fax: 720-221-9781

Colorado Springs

14 N. Sierra Madre Street, Suite A-1
Colorado Springs, CO 80903
Main: 719-457-8420
Fax: 719-457-8419

2020 Platinum.jpg

cai silver horizontal.jpg