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Author: summithoaservices

Association Fundamentals

March 31, 2019 summithoaservices

Your organization is bestowed with a huge obligation and legal authority, with certain rights and responsibilities for effective communal living.…

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Posted in: Community Culture

Rights And Responsibilities

March 30, 2019 summithoaservices

Community association governance recognizes inherent rights, but these are not exclusive of inherent responsibilities. As a homeowner, you would be…

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Posted in: Governance

Assessments Are Bargains

March 29, 2019 summithoaservices

According to the National Consumer Law Center’s (NCLC) Guide to Surviving Debt, “Condo fees…should be considered a high priority.” In fact,…

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Posted in: Community Culture, Financial Matters and Reserves

CCIOA and Your HOA

March 28, 2019 summithoaservices

If you’ve ever tried to read the Colorado Common Interest Ownership Act (CCIOA), you can understand how confusing it can be to…

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Posted in: General HOA Matters

Surplus Funds

March 27, 2019 summithoaservices

Even in these economically troubled times, your association may end its fiscal year with an operating surplus. A tight fiscal…

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Posted in: Financial Matters and Reserves

7 Steps to Amending Governing Documents

March 26, 2019 summithoaservices

As your HOA community evolves, its demographics alter, its needs and desires change, buildings and facilities age, new laws come…

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Posted in: Governance

Sellers Disclosure to Buyer

March 25, 2019 summithoaservices

In Colorado, it is the seller’s responsibility to ensure the buyer has access to the association’s governing documents. It is the association’s responsibility to…

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Posted in: Governance

Meeting Minutes

March 24, 2019 summithoaservices

Author P. Michael Nagle writes “It is crucial to the conduct of any meeting that the chair be composed, organized,…

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Posted in: Meetings

Reserve Funding

March 23, 2019 summithoaservices

“If it ain’t broke, don’t fix it!” The problem is, it will still break tomorrow. Deferred repairs or replacements, as…

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Posted in: Financial Matters and Reserves

Annual Disclosures

March 22, 2019 summithoaservices

Starting with Senate Bill 100 in 2005, and virtually every year since, the state legislature significantly amended the Colorado Common Interest Ownership Act (CCIOA)…

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Posted in: Governance

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Summit HOA Services (SHOA)

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