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Colorado construction-defects law may be reformed in 2015 A Colorado law that allows HOA boards to decide whether to sue over construction defects and reject fixes by homebuilders could be reformed in 2015. The law is necessary to protect condo owners, said Nancy Stockton, president of the homeowners association at the Vallagio at Inverness in Arapahoe County. “I think (reforming the law) would be a license for builders to cut corners and be even more lax in their construction,” says Stockton. “The dispute process is already onerous.” The Denver Post (1/4)
Mixed-use neighborhoods attract ex-suburbanites Mixed-use neighborhoods where hotels, condos, offices and shops all thrive in concert with one another are becoming more popular as the American dream slowly shifts away from the popular suburbs of yesteryear. Millennials and Baby Boomers alike are flocking to these new projects that are being built in many major and minor cities. The Tampa Tribune (Fla.) (1/4)
Association manager can’t preside over meetings Association managers are not permitted to conduct HOA board members’ responsibilities and can leave the board in a risky situation if allowed to run the organization. “[I]ndemnification may be negated, depending on the terms of insurance, business conducted during all those meetings may be void and, in the event of a lawsuit, the association would be at a disadvantage, if not handicapped, in proving the board members acted in good faith and in the best interests of the association and its titleholders,” write attorneys Donie Vanitzian and Zachary Levine. Los Angeles Times (tiered subscription model) (1/4)