No, not 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.
Whether you are a community association board member, manager, or trusted legal advisor – your…
A pair of bills that will impact Colorado community associations passed through the legislature in…
HB26-1099 Concerning Protecting the Financial Condition of Common Interest Communities was signed into law by…
Community associations often have strict notice requirements and timelines required by the governing documents or…
Colorado lawmakers are continuing to focus on the financial stability and governance of community associations.…
The New Year marks a fresh start with resolutions and renewed outlooks; but the removal…