News & Events
Colorado Real Estate Journal – Considerations for ‘Responsible Owner’ Governance Adoption
As for-sale, multiunit residential infill development continues to surge throughout Denver and other Front Range communities, developers often are posed with a choice: Should I form a homeowners’ association? Or should I proceed with a so-called “responsible owner” structure? While there is no bright-line rule for which route to take and for which projects, this article will explore some of the considerations that must be taken into account when making this decision, as well as factors to consider when adopting and implementing a responsible owner structure.
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