Director of the Colorado Division of Real Estate Adopts Emergency CAM License Rules A, C and D

On January 6, 2015, the Director of the Colorado Division of Real Estate for the Department of Regulatory Agencies (“Division”) adopted Emergency Rules A, C and D related to Community Association Manager (“CAM”) licensure. 

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FHFA Seeking Federal Court Intervention Over Lien Priority Statutes

The Federal Housing Finance Agency (FHFA) released a statement expressing concern over state statues, which allow community associations to obtain lien priority over first mortgages for unpaid assessments.  This includes Colorado's Super Lien statute.  The FHFA is asking for the federal court to intervene in order to seek help for those mortgage services that have failed their contractual obligations to Fannie Mae and Freddie Mac.  Tom Skiba, Chief Executive Officer of Community Associations Institute (CAI) stated: "FHFA is trying to protect Fannie and Freddie at the expense of association homeowners."

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Lakewood Passes Construction Defect Ordinance

The City of Lakewood has passed Ordinance 21, which places additional obstacles on residents and associations to have construction defects corrected.  The ordinance passed on a 7-4 vote. 

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It’s Showtime!

The City of Lakewood is considering an ordinance October 13th to make it harder for residents to have construction defects corrected.  This proposed ordinance is misguided.

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It's Not Winter Yet

As winter approaches, many Associations are faced with the need to balance the interests of enforcing its landscaping restrictions with the inevitable end to the planting season.  However, there is still some time left and this article from Davey identifies several things to keep in mind as trees are planted.  

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