Division Notifications

As we ring in the New Year, it is an ideal time to think about planning for the regular maintenance of your community. Besides providing a gameplan for your community’s leadership, a well made maintenance plan will be able to provide your association with many benefits

Questions arise as to the Seller’s use of audio and video surveillance in homes during property showings. Security devices are justifiably used in homes for security purposes, however, should they be used as a means of obtaining information on prospective buyers and their real estate brokers, or to acquire confidential information about a prospective buyer? The improper use of these devices could possibly result in civil or criminal liability.

If you’ve never lived in a homeowners association before, you may be surprised to learn how much authority the association’s Executive Board has in making decisions for the community.

Have You Been to the Division's YouTube Channel? It's new, but growing fast! You'll find lots of HOA Forums to view as well as some educational and instructional videos.

The Division initiated a statutory mandatory rule review in September 2019 to assess the continuing need for the appropriateness and the cost effectiveness of the Mortgage Loan Originator (MLO) rules. It also assessed whether the rules should continue in their current form, be modified, or repealed.

Section 38-33.3-401 of the Colorado Common Interest Ownership Act (“CCIOA”) requires every unit owners' association to register annually with the director of the Division of Real Estate.

All of the professions regulated by the Division of Real Estate, except subdivision developers and appraisal management companies, are required to have errors and omissions (“E&O”) insurance. 

The HOA Information and Resource Center has created a video to better assist Homeowners Associations when registering.

In this third installment of a four-part advisory series, licensees will learn how to be compliant with the “cost approach.” Take 5 minutes to review the advisory below so that you can be compliant in your appraisal practice and avoid any violations and discipline for failing to comply with the appraisal cost approach.

Policies that expire on January 1 each year (this year’s policies will expire on January 1, 2021) must be renewed by January 31, 2021 in order to avoid inactivation of the license. If you purchase a policy on February 15th, and backdate that policy to January 1, your license will be inactivated for non-compliance to the requirements listed in Commission Rule 3.9, which states that a license will be inactivated immediately upon previous policy expiration.