A big thanks goes out to the Colorado Division of Real Estate for clarifying those portions of Colorado law which community association managers should study to prepare for the licensure examination! To review this important information, check out the State Portion Content Outline in this Community Association Manager Candidate Information Bulletin from PSI which has
February 2015
Division of Real Estate Publishes 2014 Annual Report
The Colorado Division of Real Estate has published the 2014 Annual Report of the Colorado HOA Information and Resource Center. This report provides a great deal of information on the registration of HOAs in Colorado and a general overview of complaints received by the HOA Information & Resource Office ("Office") relating to associations.
You will notice that during 2014, the…
Representative Roupe’s Foreclosure Bill Clears First Hurdle!
In an unexpected and outstanding turn of events, the House State, Veterans & Military Affairs Committee, in a bipartisan 6 to 5 vote, reported an amended version of House Bill 15-1113 ("HB 1113") out of Committee yesterday with a favorable recommendation to the full House of Representatives.
As originally introduced by Representative Kit Roupe (R-Colorado Springs), HB 1113 would…
Stop the Construction Defect Legislative Insanity!
As anticipated, the 2015 edition of the construction defect bill has been introduced in the Colorado Senate. Senate Bill 15-177 ("SB 177"), contains most of the unconscionable provisions of the 2014 bill – SB 220. However, the legislative insanity on construction defects got even nuttier this year!
Get this, SB 177 requires that HOAs must obtain the written consent of a…
Manager Licensure “Modification” Bill Killed in Committee
House Bill 15-1040 ("HB 1040"), which was introduced by Representative Dan Thurlow (R-Grand Junction), was just killed on a 6 to 5 vote in the House State, Veterans & Military Affairs Committee. As originally introduced, the bill would have destroyed the requirements of the new manager licensure law which are intended to protect folks living in HOAs in…