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Condominium Ownership Act

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38-33-101.  Short title.  This article shall be known and may be cited as the “Condominium Ownership Act”. 38-33-102.  Condominium ownership of real property is recognized in this state. Whether created before or after April 30, 1963, such ownership shall be deemed to consist of a separate estate in an individual air space unit of aGo to Resource

CCIOA – Colorado Common Interest Ownership Act

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38-33.3-102. Legislative declaration.(1) The general assembly hereby finds, determines, and declares as follows: (a) That it is in the best interests of the state and its citizens to establish a clear, comprehensive, and uniform framework for the creation and operation of common interest communities; (b) That the continuation of the economic prosperity of Colorado isGo to Resource

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Little Known Provisions in CCIOA and the Nonprofit Act

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The Colorado Common Interest Ownership Act (“CCIOA”) and the Colorado Revised Nonprofit Corporations Act (“Nonprofit”) are the two primary statutes governing common interest communities in Colorado.  These statutes are long, complex, and contain provisions many people are not familiar with, and, frankly, may not care about. However, it is fun to take a look atGo to Resource

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