Most if not all Colorado residential developments these days have a homeowner association and recorded documents that establish the rules for and obligations of the homeowners. Understanding those documents help homeowners avoid fines, lawsuits and unhappy neighbors. Yet, most homeowners have never read the governing documents.
Everyone is a little short on cash these days, especially homeowner associations with members behind in paying association dues and assessments. While the governing documents of the homeowner association may say the homeowner must promptly pay dues and assessments, collecting what is owed can be quite a bit more difficult.
In a real estate market where last week’s drywall subcontractor is this week’s seasoned home builder, negotiating a new home construction contract becomes more important than ever before. When entering into a contract to buy a newly constructed home, here are just a few important points to consider. 1. The Importance of Reading the Contract […]