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Classic Community Property

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Real Estate Management

730 Cleveland Ave, Loveland, CO 80537

970-663-1983

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C
cwolf01

09/11/10

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CCPM = Classic Mistake

We fired CCPM in October 2009 and took the owner, Kay Grenz-Koch, to small claims court (see Larimer County records) and won. A few facts about our experience with her:



--Got herself hired in January 2009 by the HOA president who posted a letter on every owner's door stating HOAs are illegal and oppressive

--Issued ZERO covenant violations during her 10 months tenure

--Turned over ZERO past due accounts to our collection attorneys

--Convinced the Board President to let her be the sole signor on our checking account

--After the Board President was removed, the new Board demanded Kay submit all checks to the Board for approval. She ignored the Board and paid herself an additional $4,100. The Board removed her as a signor and fired her.

--Paid personal business expenses through the HOA account. Took her to court and won.

--Backdates checks to manipulate the HOA financial statements

--Fired our landscaper and didn't hire a replacement for over three months; replacement was a close associate who charged nearly $14,000 to mow 3.5 acres of grass for 8 weeks (price included 6 bags of fertilizer)

--Charged $3,500 for copies (never provided any evidence to reasonably support 17,500 copies) and increased the copy charge rate from $0.10/copy to $0.20/copy without notifying the Board.

--Threatened to charge a termination fee (also written in her contract) if the Board fired her. Colorado law disallows management companies to charge termination fees.





The list could go on.... Call me on my cell if you want more info (202) 486-2344.

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