Division Notifications

At a Colorado Real Estate Commission (“CREC”) meeting held on October 1, 2024, the Commissioners discussed and approved an important update to the Commission Position Statements. CP-30 is entitled: Commission Position on Data Security and Privacy.

With the end of the 2024 calendar year quickly approaching, it is time for many Common Interest Communities in Colorado to consider their budgets for the next year.

DENVER, COLORADO-On September 20, 2024, the Colorado Real Estate Commission (the “Commission”) entered into a Stipulation and Final Agency Order with licensee, Rachelle Marie Paplow, License IL.100035926, for license surrender and public censure. The Division of Real Estate (the “Division”), part of the Department of Regulatory Agencies (“DORA”), conducted a detailed investigation and found evidence of misconduct and license law violations by the licensee.

DENVER, COLORADO-On August 7, 2024, the Colorado Real Estate Commission (the “Commission”), after a long and detailed investigation, entered into a Stipulation and Final Agency Order with licensee MV Realty of Colorado, LLC, License Number EC.100089583, for license surrender, fines, and public censure. Stemming from various complaints and concerns received by investigators with the Division of Real Estate (the “Division”), part of the Department of Regulatory Agencies (“DORA”), the Commission found that objective and reasonable grounds existed to believe that MV Realty of Colorado, LLC disregarded or violated license law and rules.

This HOA Forum will be presented in Spanish -The HOA Information & Resource Center strives to ensure all Colorado consumers - including our Spanish-speaking stakeholders. Please join the HOA Center’s Program Assistant, Amanda Lopez, for a presentation in Spanish on how to navigate the HOA Complaint form, including how to file an online complaint.

As an HOA-interested party, you should be aware of an important bill that became law on August 7, 2024. Senate Bill 24-021 (“SB24-021”) requires the HOA Information and Resource Center to identify likely affected communities and send a notification to each relating to the requirements of the bill no later than November 1, 2024.

The Colorado Real Estate Commission (CREC) has recently held two essential meetings. The first meeting was held on June 25. The second meeting was held earlier today, August 6, 2024. At these non-rulemaking hearings, CREC approved a series of updated contracts and forms for use in your real estate business.