What happens if we dont offer some form of education to owners?
The Association may be held liable in a lawsuit brought by an owner. SB 05-100 requires education be offered annually by the Association to its members. CAI, some law firms that represent Associations and other organizations offer free or low cost education to owners and/or Board members. The education offered typically concerns a variety of topics related to the operation, laws, and regulations surrounding common interest communities and the Associations that govern and operate these communities. SB 05-100 also addressed some of these educational issues including educational cost reimbursement allowed to Board members if approved by the Board. There is currently no governmental/regulatory agency in Colorado to enforce the education required to be offered to owners, or to enforce any of the other provisions of CCIOA or other state statutes. Thus, there are no regulatory penalties should an Association choose not to provide education to its members. Associations should be aware that pro
Related Questions
- Well, just don take the offer. However, Id check with the adjacent property owners first to see what they plan to do. This could be an important issue as you could form an association.
- What happens after the appellant submits the Notice of Appeal Form and a copy of the Board of Education’s decision to the Student Appeals Branch?
- What happens if I miss the deadline for the completion of my childs application form for secondary education?
