As a number of the complaints received by the Division of Real Estate's Homeowner Association Office related to transparency of associations, the Colorado legislature attempted to clarify what constituted an association record. HB 1237 seeks...
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As reported in today's Side Streets blog post, Aaron Acker has resigned. Mr. Acker ran the HOA Information & Resource Center, which was created under...
Last week the Colorado Senate passed HB12-1237 with limited amendments. The House must now approved the Senate's amendments which is expected to happen anytime.
One of the amendments approved by the Senate is very beneficial to...
On April 12, 2012, Governor Hickenlooper signed SB12-030. This bill become law on September 1, 2012, and will apply to foreclosures started after that date. While most of the bill is administrative in nature and has minimal impact on...
SB12-030 passed the House on Third Reading yesterday and will now be forwarded to the Governor for signature. The bill will not have any impact on much of what associations do except for the the selling of liens.
In...
When reviewing the proposed Sunrise regulations requiring licensing of community association managers in Colorado, DORA looked at several factors. For the full review, click here. However, prior to issuing its recommendation, DORA noted there are several levels of regulation that may be imposed...
On March 2, 2012, DORA published its official Sunrise Review of the proposed manager licensing requirements. The review is mandated by Colorado Revised Statutes, Section 24-34-104.1 that requires any proposed legislation regulating an occupation or profession to be reviewed by DORA to ensure such...
DORA issued its Sunrise Report today and recommends that management companies be regulated. The report states "regulation is justified and widely supported. Given the types of harm identified during the course of this review and the legitimate concerns surrounding the cost of regulation, it is logical to conclude...
In a 9-0 vote, HB1237 passed out of the House Local Government Committee with a few revisions. The bill as it currently stands now requires that associations maintain the following documents and that these documents are the only documents...
As we continue to dive deeper into the DORA report, we’ve tried to ascertain the root of the majority of complaints received by DORA. Looking at the categories of complaints, no less than 82.91% of the complaints relate to...