Thoughts on Meeting Yesterday
The Task Force meetings seem to be an exercise in futility. After speaking for hours, it seems that there are two sides which can never agree nor even admit the other side may have a point. For certain those who title themselves "Homeowners' Advocates", seem to only advocate for a small percentage of homeowners--those who fail to pay their assessments.
I absolutely understand that there are issues with over-zealous covenant enforcement by some Boards, but how is trying to get delinquent owners to pay over-zealous? I live in a condo association with no extra amenities. Thus, those who do not pay assessments receive all the services that they are not paying for. Their trash is picked up; their water, building insurance and building maintenance are paid for. The snow is shoveled from their walks and parking lot, the grass in front of their unit is mowed. Who pays for all these services? Those who faithfully pay their assessments. These seem to be the folks that Rep Ricks, et al, have no interest in. Nor are they interested in hearing about the costs incurred each time the Colorado Legislature passes a law which mandates an HOA add a new procedure. They don't even bat an eye when told that people have been harassed and threatened when posting the mandated notices of delinquency on doors.
Also, now that Rep Ricks has introduced her new bill regarding foreclosures, I need to understand how she knows exactly how much attorney foreclosure services should cost. Does she have a clue how many steps are involved? How many hours are spent following the prescribed procedures? I wonder if the purpose of stating how much an attorney may charge is to get attorneys out of the HOA foreclosure business so that tool to try to recoup delinquencies will be gone and once that is gone, any hope of receiving the money due will also be gone.
Thank you for visiting the community engagement tool for the HOA Homeowners’ Rights Task Force.
Pursuant to HB23-1105, this project has now concluded. On behalf of the Department of Regulatory Agencies and the Division of Real Estate, thank you for your interest and participation.