CCIOA Unintended Consequences - Need to Delineate Some Requirements
Most folks don't realize the broad coverage of CCIOA when passing new HOA rules. There are quite a few small landowner associations that exist in rural areas with very simple missions. For example, ours is a landowners association in rural northern colorado (sagebrush country) that charges $3/acre PER YEAR. The vast majority of the budget is spent on maintaining 100 miles of private dirt roads in our association. Of the 350+ landowners, only 4 live up there year-round. These are mostly empty plots of land used for camping in the summer. The 1137 requirements have eaten up about a quarter of our annual revenue and taken a good deal of funding away from our road maintenance. Things like mailing out monthly statements that get returned to us each month because the county doesn't have a current mailing address for the owner. Another example could be an account that owes $120 (average annual HOA dues). The cost of certified mail, posting on a vacant parcel, etc. runs upwards of half that amount in overhead alone. The HOA is prohibited from charging these costs directly to that landowner. Can't we change the rules to allow the fundamental mailing and collection costs to be charged to that particular owner instead of everyone else paying for their decision not to pay their dues? Please consider refining the requirements of CCIOA between suburban HOA's that collect large sums of money, and rural associations that collect VERY small amounts of money.
Thank you for visiting the community engagement tool for the HOA Homeowners’ Rights Task Force.
Pursuant to HB23-1105, this project has now concluded. On behalf of the Department of Regulatory Agencies and the Division of Real Estate, thank you for your interest and participation.