Limited Expense Communities – What Does That Mean, Really?

This article is intended to explain what it means when a common interest community is referred to as a “Limited Expense Community” under the Colorado Common Interest Ownership Act (“CCIOA”). Colorado Revised Statute C.R.S. 38-33.3-116 grants an exception for Limited Expense Communities, specifically, a Limited Expense Community is exempt from all the statutory requirements inGo to Resource
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