As we have been reminding you for several months now, the deadline for homeowner associations (“HOAs”) to register with the Colorado Division of Real Estate (“Division”) without incurring penalties is today! As reported in our December 17^th blog posting, the Division granted a grace period through February 28, 2011 for HOAs to register. Here’s some important information you need to know if your association has not yet registered:Continue Reading HOA Registration – Today is the Deadline to Register Without Penalty!

The Colorado House of Representatives has passed House Bill 11-1124 (“HB 1124”) on third reading, which means the bill has cleared the full House and will now be referred to the Senate for action.  The Senate sponsor of HB 1124 is Senator Morgan Carroll.  Once the bill has been formally referred to the Senate, it will be assigned to a committee and scheduled for a hearing.  Continue Reading HOA Conflict of Interest Bill (HB 1124) Clears the Colorado House of Representatives

At the request of Representative Deb Gardner, the sponsor of House Bill 11-1197 (“HB 1197”), the bill was postponed indefinitely today by the House Economic and Business Development Committee. What does that mean? It means that HB 1197 is dead for this legislative session.Continue Reading Colorado Bankers Association Derails Superlien Bill at the 11th Hour

CAI’s Colorado Legislative Action Committee (“CLAC”) and members of CAI’s Attorney Committee have been working diligently on a rewrite of House Bill 11-1197 (“HB 1197”). As originally introduced, HB 1197 would have had a detrimental affect on the superlien which homeowner associations rely upon under the Colorado Common Interest Ownership Act (“CCIOA”). 

Representative Gardner, the sponsor of HB 1197, has worked closely with us and other stakeholders to rewrite the bill in a manner that is positive for everyone involved. As a result of these efforts, a strike-below has been drafted which will be heard by the House Economic and Business Development Committee on Thursday. Simply put, a strike-below means the provisions of the original bill are completely stricken and replaced with the language contained in the strike-below.Continue Reading Important Update from CAI’s Colorado Legislative Action Committee On the Superlien Bill (HB 1197)

The House Local Government Committee has just passed an overhauled version of House Bill 11-1124 (“HB 1124”) out of Committee on a 10-1 vote with a favorable recommendation to the full House of Representatives. The version passed by the Committee, known as a strike-below, does not include any of the onerous provisions contained in the original version of HB 1124 as described in our January 22^nd blog posting.Continue Reading Overhauled Version of HB 1124 Passes Out of Committee

HB 1110

On February 9^th, House Bill 11-1110 (“HB 1110”) was passed by the Colorado House of Representatives and was referred to the Senate where it has been assigned to the Senate Committee on Business, Technology and Labor. HB 1110 is currently scheduled to be heard by the Senate Committee on Monday. Continue Reading House Bills 1110 and 1124 Being Heard in Committee on Monday

CAI’s Colorado Legislative Action Committee (“CLAC”) would like to thank all of you who participated in our Calls to Action on Senate Bill 11-122 (“SB 122”). As a result of your participation in the legislative process, SB 122 was defeated yesterday in the Senate Judiciary Committee. SB 122 has been classified as “postponed indefinitely.”

While SB 122…