A Question for Reprsentative Ricks

non sequitur. noun. A conclusion or statement that does not logically follow from the previous argument or statement.

www.youtube.com/watch?v=Z5k8hRj6iNc

HOA HOMEOWNERS’ RIGHTS TASK FORCE • DORA_ Division_RealEstate - DORA
streamed live on October 24, 2023

During the first public meeting of the H.O.A. Homeowners Rights Task Farce on October 24 2023, Colorado State Representative Naquetta Ricks (Democrat – Arapahoe County) asserted that the licensing of H.O.A. managers is necessary because of the financial crimes they commit.

@ 1:16:26 The second regulation that is necessary right now based on all of the feedback from constituents and H.O.A. dwellers and people here is the licensing of H.O.A.s and Community [sic] Managers.

Currently I am a mortgage broker. I'm licensed to operate here in Colorado. And realtors are. Appraisers are. Everyone is.

And within Colorado, with all of these people who dwell within Common Interest [sic] Communities [sic], and these H.O.A. management companies are, there's a plethora of them, there's no licensing.

We need to be able to manage them.

There's been cases where H.O.A. management companies have run away with the monies in the account, that people have been duly paying on time. And then all of a sudden the H.O.A. management company leaves, and all the funds in account is gone.

So those poor homeowners are left without any money to pay for assessment, for repairs, or anything like that.

So we really need to start regulating that. And that is something that I think we need to vote on as far as whether or not that needs to happen. But that is something that has come time and time again from homeowners. @ 1:17:44

This begs the obvious question. Why aren’t these criminal H.O.A. managers being hunted down by law enforcement, arrested, prosecuted, and required to make restitution?