Tips on Winterizing your HOA Community
It may not feel like it, but winter is coming! While Colorado is a microcosm of weather from seemingly every climate, winter undoubtedly brings with it a routine of preparation when you are a homeowner.
Division Notifications
The Grandfather Clause - CCIOA's Statute of Limitations on Certain Enforcement Actions
According to the Encyclopedia Brittanica, statutes of limitation (a legislative act restricting the time within which legal proceedings may be brought, usually to a fixed period after the occurrence of the events that gave rise to the cause of action) are generally enacted to protect persons against claims made after disputes have become stale, evidence has been lost, memories have faded, or witnesses have disappeared. Amongst common interest communities, the same holds true.
New Bill Allows Home Child Care In Homeowners' Association Communities
On July 8th, 2020, Governor Polis signed into law Senate Bill 20-126. SB20-126 amended the Colorado Common Interest Ownership Act ("CCIOA") to include protections for licensed operators of family child care homes.
Directly from the Director A Division of Real Estate Webinar Series
Join us for this opportunity to hear directly from Director Marcia Waters. On September 29, 2020, Director Waters will address the important topics of Transaction files and retention and Broker relationship disclosures.
Political Signs and HOAs
With an election day coming up on Tuesday, Nov. 3, homeowners may have already begun posting political signs in their neighborhoods.
Can They Do That? Liens in HOAs
Homeowner associations can be a great mechanism for reducing individual owner responsibilities, elevating neighborhood appearances, improving amenities and increasing property values. They can also foreclose on your home - under the right circumstances.
Consumer Alert: Division of Real Estate warns of the continuing timeshare scam targeting Coloradans
Denver - The Division of Real Estate (Division) continues to receive calls regarding what appears to be timeshare scams targeting Colorado consumers, real estate brokers, and out-of-state consumers. In the current version of the scam, timeshare owners are cold-called, mailed or emailed solicitations from an unlicensed business entity purporting to be a full service property management company, real estate brokerage or title and escrow company that lists and sells timeshares.
HUD Guidance on Assessing a Person’s Request to Have an Animal as a Reasonable Accommodation Under the Fair Housing Act
Earlier this year, the U.S. Department of Housing and Urban Development (HUD) provided new guidelines to help explain certain obligations of housing providers under the Fair Housing Act (FHA) with respect to animals that individuals with disabilities may request as reasonable accommodations. While this issue has caused much confusion for landlords and property managers, these guidelines will assist in creating a set of best practices for complying with the FHA when making these assessments and to avoid violations.
Understanding Appraisal Scope of Work Requirements
In this second installment of a four-part advisory series, licensees will learn how to be compliant with the “Scope of Work Rule.”
Board of Mortgage Loan Originator Rules Effective January 1, 2021
On July 15, 2020 the Colorado Board of Mortgage Loan Originators (“Board”) held a rule-making hearing to update and adopt rules for mortgage loan originators and mortgage companies based upon the mandatory rule review required by Senate Bill 14-063 (Mandatory Review of State Agency Rules). The Division of Real Estate (“Division”) initiated the rule review on behalf of the Board to assess the continuing need for, appropriateness and cost effectiveness of the administrative rules. It also assessed whether the rules should be continued in their current form, amended or repealed.