Are you a condo owner or resident in Denver, CO looking for activities to do? You're in luck! There are plenty of activities available to condo owners and residents in the Mile High City. From filing an application for a residential rental property license to exploring the great outdoors, there's something for everyone. Let's take a look at some of the activities available to condo owners and residents in Denver, CO. To start, you can file an application for a residential rental property license. This is a great way to ensure that your rental property is up to code and compliant with all local regulations.
Visit Where Can I Get Vaccinated or call 1-877-COVAXCO (1-877-268-292) for more information on vaccines. Who regulates HOAs in Colorado? The Colorado Common Interest Property Act (“CCIOA”) governs HOAs (or Common Interest Communities). This law outlines the rights of the owners of the units, as well as those granted to the association. It also defines the responsibility of an association, as indicated by its Executive Board.
The Colorado Common Interest Property Act provides for the enforcement of those rights and responsibilities through civil litigation. Unfortunately, the State has no authority to intervene in the conflict between any member of the association and its association, nor does it have jurisdiction to enforce the rights and responsibilities defined in the Colorado Common Interest Property Act. Any dispute between landlords or landlords and an HOA is considered a civil matter. The Colorado Judicial Office of Dispute Resolution offers affordable access to qualified mediators and has several professionals who specialize in issues related to communities of common interest. Assuming your Homeowners Association is willing, resorting to alternative dispute resolution can often eliminate the need for litigation. Does the Real Estate Division regulate community association managers? No, they do not.
If the HOA Center doesn't regulate HOAs or CAMs, what does it do? The HOA Information and Resource Center and the Real Estate Division do not have any investigative or enforcement capacity to address your HOA complaint. However, they do record your issues and concerns in a statistical database, which is then compiled into an annual report for consideration by the state legislature. By filing a complaint, you are helping the HOA Center gather important information about HOAs. I have asked my Homeowners Association for the records that I know I am entitled to and they will not give them to me. What can I do? If, after reviewing all of the above information, you still believe that your association is improperly hiding the records to which you are entitled and that have been duly requested, you will have to resort to an alternative dispute resolution solution (i.e.
mediation). If the alternative dispute resolution is unsuccessful or the association refuses to participate, you will have to contact a lawyer and file a lawsuit to force the association to provide the records. What information should a Homeowners Association disclose and how often should it do so? Colorado's Common Interest Property Act requires common-interest communities to disclose certain information to their members within 90 days after the end of each fiscal year. This is often referred to as an annual disclosure. The costs associated with these delivery methods and the provision of the disclosures will be counted as a liability for the common expenses of the association. What are the responsibilities of an association with respect to record retention? Colorado's Common Interest Property Act requires associations to keep records for at least seven years from when they were created or last updated.
If a section of the Colorado Common Interest Property Act seems to conflict with my government documents, which one takes precedence? If a particular section of the Colorado Common Interest Property Act or the Nonprofit Organizations Act takes precedence over the documents that govern an association, that section will likely begin with text such as “Notwithstanding any provision of the statement, statutes, or other documents to the contrary.” If a particular section of the Colorado Common Interest Property Act or the Nonprofit Organizations Act supplements, but does not take precedence over, the documents that govern an association, that section is likely to begin with text such as: Unless otherwise provided in the association's statement, statutes, or rules. What are responsible government policies? At a minimum, associations should have a collection policy that includes due dates for evaluations; fees for late payments; interest rates; commissions; payment plan options; how payments are applied; notification requirements; measures needed to remedy delinquencies; and more. An association's meeting planning policy should also include information related to board decision-making outside of a meeting. The Colorado Common Interest Property Act also states that all records maintained by an association must be available for unit owners or their authorized agents to examine and copy. In addition, associations should have a policy of compliance with their pacts that includes notification and hearing procedures; fines; how long landlords are allowed to talk about a particular topic; what constitutes inappropriate behavior at meetings; notification requirements; information about issuing and providing powers of attorney; electronic voting; etc. Now that you know what activities are available for condo owners/residents in Denver CO., it's time to get out there and explore! Whether you're looking for outdoor activities like hiking or skiing or indoor activities like filing applications or attending meetings with your Homeowners Association, there's something for everyone in Denver CO.
