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Association finances are usually on the top of the list when homeowners are asked about what concerns them the most about their HOA. Since the only way that most association boards believe they can generate revenue is through assessments, annual increases in dues and the levying of special assessments have become the norm. However, there are some ways for an association to generate additional income that many may have not thought about.

ÀÖ¾ºÌåÓýÈ«Õ¾re are many ways to operate and govern a homeowners association. Some boards prefer to use a community association manager as an agent to interact with the membership and deal with day-to-day operations. Other boards may choose to be more hands on and active with governance and communication with their membership. While both approaches hold value, regardless of management style, one thing should always be at the top of your mind - homeowners associations are communities and the people who live there are your neighbors.

In Colorado, the law treats your relationship with your homeowners association as a contractual relationship. ÀÖ¾ºÌåÓýÈ«Õ¾ terms of that contract are your governing documents, supplemented by certain statutes, such as the Colorado Common Interest Ownership Act (“CCIOAâ€�) and the Colorado Revised Nonprofit Corporation Act (“CRNAâ€�). Accordingly, it is important for members of an association to thoroughly understand each of these documents and get professional advice on anything they do not understand.

Here in Colorado, the state legislative session is in full swing. ÀÖ¾ºÌåÓýÈ«Õ¾ First Regular Session of the Seventy-third General Assembly convened on January 13, 2021. ÀÖ¾ºÌåÓýÈ«Õ¾ House and Senate generally convene at 10:00 a.m. on Mondays and 9:00 a.m. on Tuesdays through Fridays. Committees may meet upon adjournment of their respective chambers, at a time set in the chamber calendar, or as scheduled by the committee chair.

One of the core requirements of living in an HOA is the sharing of expenses. It is quite literally at the heart of the definition of a common interest community. ÀÖ¾ºÌåÓýÈ«Õ¾refore, it makes sense that members are given the opportunity to have some input on the budget for their association.

One of the most common questions the HOA Information Center is asked is “Doesn’t my association have to provide notice of that?â€� Well, that depends on what “that'' is. ÀÖ¾ºÌåÓýÈ«Õ¾ majority of meetings that will take place in an HOA are Board meetings.

We’ve all been there. You’re outside, maybe in a park, and you get a whiff of someone’s cigarette. If you’re one of the more than 38 million Americans who smoke, you may not think twice about it. But if you’re one of the other 290 million Americans who don’t smoke, then it’s likely offensive to you. Smelling smoke in a park is one thing, but what if you’re in your townhome living room watching TV?

As we all know, living in a homeowners association has many benefits. Unfortunately, at times, it may also present some detriments. One of the most glaring is the possibility that a neighbor may do or not do something which ends up being a nuisance to others in the community. When this happens, it is only natural for those affected to feel frustrated and annoyed.

As we ring in the New Year, it is an ideal time to think about planning for the regular maintenance of your community. Besides providing a gameplan for your community’s leadership, a well made maintenance plan will be able to provide your association with many benefits