Representative Dan Thurlow (R-Grand Junction) has introduced House Bill 15-1040 (“HB 1040”). The bill is intended to greatly reduce the individuals who are required to be licensed by the Division of Real Estate as community association managers. Frankly, if you look at the practical implications of the bill, HB 1040 would essentially destroy most of the manager licensure requirements which were intended to protect folks living in common interest communities and to elevate the profession of community association management.
HB 1040 has been assigned to the House State, Veterans & Military Affairs Committee (“State Affairs Committee”) where it is almost certain that this bill will die. In a nutshell, if passed, HB 1040 would provide:Continue Reading Manager Licensure “Modification” Bill Introduced