SB12-030 passed the House on Third Reading yesterday and will now be forwarded to the Governor for signature. The bill will not have any impact on much of what associations do except for the the selling of liens. In order to maximize association recovery in connection with lien assignments it will be veryGo to Resource
Category: State Legislation
When reviewing the proposed Sunrise regulations requiring licensing of community association managers in Colorado, DORA looked at several factors. For the full review, click here. However, prior to issuing its recommendation, DORA noted there are several levels of regulation that may be imposed against a profession. Licensure is the most restrictive form ofGo to Resource
On March 2, 2012, DORA published its official Sunrise Review of the proposed manager licensing requirements. The review is mandated by Colorado Revised Statutes, Section 24-34-104.1 that requires any proposed legislation regulating an occupation or profession to be reviewed by DORA to ensure such regulation is necessary to protect the public. DORA mustGo to Resource
DORA issued its Sunrise Report today and recommends that management companies be regulated. The report states “regulation is justified and widely supported. Given the types of harm identified during the course of this review and the legitimate concerns surrounding the cost of regulation, it is logical to conclude that the best course ofGo to Resource
In a 9-0 vote, HB1237 passed out of the House Local Government Committee with a few revisions. The bill as it currently stands now requires that associations maintain the following documents and that these documents are the only documents available for production to owners: (amendments are in bold) detailed records of receipts andGo to Resource