HB 18-1175 The Sunset Community Association Managers Bill was assigned to the Senate Finance Committee where it failed on a 2-3 vote to get out of committee. The Senate Finance Committee voted on April 10, 2018 to postpone the bill indefinitely.
What does this mean for all the CAMs?
Generally, it means that without further action by the Legislature community association managers in Colorado will no longer be required to be licensed, and the licensure requirement will end upon the official winding up of the program in 2019.
Specifically, we understand DORA is still discussing and will be communicating soon on this topic. But keep in mind that the program doesn’t officially sunset for another year, so CAMs will still need to renew their license in 2018.
Also, who knows what will happen after the elections in 2018? Could the program be brought back to life? After all, it is only Mostly Dead which means, it is slightly alive. Stay tuned for more updates!
I was not a fan.
This is most disheartening. Licensed CAMs, especially new ones with training, have a hard time learning the ropes of how an HOA works. If they are not licensed, a management company can just hire someone off the street and make them a CAM. We have had inexperienced ones who are doing their best even with the knowledge. I cannot imagine putting someone in a CAM position that has not had enough training to even pass an exam. Management companies are expensive for HOAs, and we need to have the best CAMs possible. Licensing MUST continue.
In all actuality a classroom does very little for most people. Passing a test doesn’t prepare you for anything, what does is hands on training or simply working it out through trial and error. In my opinion all these lame schools just want your money and if you look at the debt in the educational system in this country its trillions of dollars in debt. Sounds like a scam to me. Hoa’s should be less complex and less involved in a lot of areas.
Our HOA has only recently known about CAM licensure, and our Manager recently became licensed. Best thing that has happened to us! As the President, I fully support licensure.
Government involvement is the problem. It has been nothing but a money draining proposition for management companies and a windfall for DORA. They rolled out the program prematurely and it has not been easy dealing with the website and DORA.
As professionals, continuing education should be something that is ongoing. However, the information (classes) needed should be up to the individual and pertain to their need for more information in their area.
HOA’s now know the value of educated, experienced managers and I think they will be looking for those qualities in a Management Company and Managers.
The test and keeping the license is expensive and does nothing for our HOA. However, on going education should be required and possibly an apprentice program for new HOA Manager’s would be a better way to go.
Great News!
While I understand some of the appeal, as a solo CAM business owner/operator, I can share that the expenses associated with licensure have been crushing, especially the insurance requirement. It may be absorbable for larger companies, but it’s been really rough for small businesses. In spite of the fact that I’ve already invested all of the time and money required for licensure, speaking for myself, I won’t be sorry to see it go.