Recently, I wrote an article that was published in the October 2011 edition of the CAI Rocky Mountain Chapter’s Common Interests magazine. Colorado HOAs: At a Legislative and Regulatory Crossroads focuses on the evolution of legislation in Colorado beginning with passage of Senate Bill 100 back in 2005 through the 2011 legislative session.
In my opinion, based upon the legislative trends in Colorado and the anticipated report from the Division of Real Estate which will be published in December summarizing complaints received about HOAs, there is no question we are at a legislative and regulatory crossroads in Colorado. Lawyers like me can pontificate on what we expect to see during the 2012 legislative session. However, the fact is that not one of us has a crystal ball. Instead, we will have to wait and see what the legislative and regulatory fall out will be from the Division’s report. In addition, there’s little doubt that HOAs will be a legislative focus in what promises to be a highly charged session rife with election year politics.
The good news is that CAI’s Colorado Legislative Action Committee (“CLAC”) has been hard at work engaging in strategic planning sessions in anticipation of the upcoming legislative session. CLAC is prepared to step up to the plate and address tough issues. We are also carefully considering a more proactive approach to dealing with HOA issues during the 2012 session.
The 2012 legislative session is one that every individual in the HOA industry will want to keep an eye on. Beginning in January, Common Interests will be carrying a column keeping members of CAI updated on the latest legislative and regulatory news. In addition, Winzenburg, Leff, Purvis & Payne is committed to keeping folks informed via this blog on breaking news during the 2012 legislative session.