HOA

What exactly does an HOA Board do? Both the Colorado Common Interest Ownership Act (“CCIOA”) and the Colorado Nonprofit Corporation Act have quite a lot to say about the duties and responsibilities of these various leadership positions one might find in a common interest community.

The HOA Information and Resource Center commonly hears from HOA board members and unit owners concerned about how difficult it is to find qualified community association managers (“CAMs”).

On October 15, 2024, the Colorado Office of Policy, Research & Regulatory Reform (“COPRRR”) released its Sunset Report on the HOA Information and Resource Center.

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.

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 Corporate Transparency Act (“CTA”) was enacted in 2021 to limit illicit financial activity, but, since passage, there has been some debate about if Common Interest Communities are subject to the law.

Wildfires are becoming larger, more intense, and more destructive in Colorado. Wildfire mitigation is the act of hardening a home and creating defensible spaces to reduce the chance of home loss.

Are you curious as to what new laws were passed in the most recent legislative session and how they might affect your community?

An informed buyer is a prepared buyer. Included in this advisory, is a list of considerations for prospective homebuyers who are considering purchasing a property located in an HOA.