In direct response to the issues occurring across the nation, Rep. Titone (D) (Wheat Ridge) introduced HB HB22-1387, titled an Act “Concerning Measures to Ensure that A Common Interest Community has Adequate Reserve Funds.” As drafted, HB22-1387 will do the following: Essentially the above will require a board to fully fund a reserveGo to Resource
Two more bills have been introduced aimed at addressing owner concerns with Common Interest Communities. As of now, this bill has no listed co-sponsors in either chamber and is not scheduled for a hearing. Please do not hesitate to contact an Altitude attorney at 303-432-9999 or [email protected] and stay tuned to our Legislative Tracker for more updatesGo to Resource
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