Division Notifications

As we all know, living in a homeowners association has many benefits. Unfortunately, at times, it may also present some detriments. One of the most glaring is the possibility that a neighbor may do or not do something which ends up being a nuisance to others in the community. When this happens, it is only natural for those affected to feel frustrated and annoyed.

Many Colorado consumers may be experiencing some financial hardship during these economic times, and those living in homeowner associations (HOAs) that are not able to pay their HOA dues and assessments, together with the thought of losing their home through foreclosure, may be approached by a “savior in disguise.”

The Seller’s Property Disclosure is an important disclosure form for the real estate broker to discuss with their respective client. Both the seller and listing broker have obligations concerning the use of this form, and the buyer and buyer’s broker need to have an understanding of what this form represents by way of disclosures.

What are homeowners entitled to and how should they be requested?

The HOA Information and Resource Center frequently receives questions regarding records requests in homeowners associations. Fortunately, the Colorado Common Interest Ownership Act ("CCIOA") provides clear guidance as to the rights and responsibilities of homeowners when requesting association records. 

A real estate broker representing a seller on a listing will no doubt encounter the situation where a buyer’s broker will want to take photos or a video of the interior of the seller’s property to share with their buyer. These situations are different from when a listing broker or a hired professional company is taking the photos or a video in a controlled setting and the listing broker has the controlled use of the images for their client for advertising purposes.

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.

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.