As posted on the Colorado Homeowners Association Forum Website
You May be Surprised (a Colorado and Nationwide Perspective)
Homeowners Associations (HOAs) are comprised of three entities: home owners, the HOA Board and its’ legal counsel, and the property management company (PMC). Problems can arise from any of these but for those who follow HOA issues the involvement of PMCs can be most problematic. PMCs affect HOA governance with their direct involvement in operational and financial matters and through their trade organization, the Community Association Institute (CAI), which has undue influence in HOA legislative activities.
For decades the sole source for Homeowners Association (HOA) information for the media and State Legislature has been the CAI. Why not? Their name implies they represent the concerns of community associations and home owners: aka HOAs. They have been the main/only source sought and invited to the table for input and wisdom on HOA matters by…
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