The Colorado Transfer fee bill has passed out of the House of Representatives and moved to the Senate un-amended. As drafted, HB 14-1254 mandates that a manager and any management company disclose to the executive board of each HOA for which it provides or offers to provide services, during contract negotiations and thereafterGo to Resource
Category: State Legislation
As the legislative session closes out its second month the HOA related bills continue to move along, in large part un-amended from their original forms. The HOA Transfer Fee Bill (HB14-1254) cleared committee after lengthy hearings and was referred to the entire house without amendment. This bill mandates annual disclosure of fees chargedGo to Resource
Last week, the HOA Information and Resource Center released its Annual Report for 2013. This report sets out in detail, the number of complaints received by the HOA Information and Resource Center, the types of complaints, and where these complaints are coming from. This year’s report shows that the HOA Information and ResourceGo to Resource
The long awaited bill relating to fees charged by managers was introduced today in the Form of HB 14-1254 by Representative Labuda. It is co-sponsored by Senator Balmer in the Senate. While this bill was much anticipated, as introduced, the bill does not cap or place restrictions on transfer fees. Instead, the billGo to Resource
In what has been a slow start to the HOA legislative season, a second bill was introduced in the Senate yesterday. SB 14-140, as drafted, proposes revoking the lien rights of Small or Limited Expense planned communities unless these communities amend the declaration and “opt in” to all of the Colorado Common InterestGo to Resource