HB26-1099 was signed by Governor Polis this week. The bill, “Concerning Protecting the Financial Condition of Common Interest Communities”, has two primary areas that concern associations – Reserve Studies and Association Records. Here is a quick breakdown of both: HB26-1099 is set to take effect on August 12, 2026. If you haveGo to Blog
Category: Colorado Legislative Tracking Report
Yesterday was opening day of Colorado’s 2026 Legislative Session! We should expect to see a number of proposed bills that directly, or peripherally, affect community associations. As always, we will follow the bills throughout the session and keep you updated via our Legislative Tracker. You will find it here. Please check back periodicallyGo to Blog
It has been quite some time since the HOA industry in Colorado has seen as much legislation as we saw this year! Of the 13 bills signed by the Governor, three pertain to public policy, which is a clear trend in legislative goals: HB24-1091 – Fire-hardened building materials, HB24-1152 – ADUs (accessory dwellingGo to Blog
Although many concluded that the Corporate Transparency Act (“CTA”) applies to homeowners associations, we now have verification of this. On April 18, 2024, the Financial Crimes Enforcement Network (“FinCen”) issued 16 new FAQs and updated two more. Under Category C, question C.10 of the FAQs, a Q&A was added confirming that CTA requirementsGo to Blog
HOA Foreclosure Sale Bill Reviewed in Committee The HOA foreclosure sale bill, HB24-1158, was heard by the Transportation, Housing & Local Government Committee on February 27, 2024. The recorded hearing is available on its website. Representative Ricks kicked off the hearing with a brief introduction of how the bill would build on HB22-1137Go to Blog