Enforcement CCIOA needed

Licensing of Property Mangers- Polis is not in favor! See his comments below.

Without enforcement nothing will be resolved!

Most concerns can be settled by the HOA Board if CCIOA is followed.

Suggestion of steps if Property Management were licensed and a place for enforcement. Concerns are taken, 1^st HOA Board, 2^nd if not cured- 3rd to Colorado HOA Information and Resource Center files concern data into a database, (Colorado HOA Center HB-10-1278, effective January 1, 2011), forwards to, 4th Dora has retired judges that understand CCIOA reviews, 5th Dora /Judge discuss ruling, and Dora makes final decision and 6^th final decision into data base and notifications send to concerned parties. A fine structure will need to be developed and enforced.

This would eliminate going to court, saving HOA’s, homeowners time and money. Attorneys not in favor.

Ways to Fund DORA-

Currently every HOA pays $10.00 fee to the State of Colorado when HOA files yearly tax records.

Believes – Realtor’s yearly licensing fee is $50.00.

What is the number of HOA’s in Colorado - 10,000. $20.00 HOA fee x 10,000 – would cover Dora funding, time, etc. Generates $200,000-.

What is the number of Property Managers in Colorado - 1,600. Easier for Dora to track PM.

Licensing of property management - $50.00 a year - would cover Dora funding, etc. Generates $80,000.-

Why not licensing of Property Management? Hair dresses, realtors, insurance, nail tec’s, liquor stores, bars and more are licensed and have enforcement.

In a written statement, Polis said an HOA shouldn’t “drain a family or individual of their financial savings.” The governor’s office, in a news release citing The Sun’s reporting, said HOA foreclosures also exacerbate Colorado’s housing crisis.

“These recent accounts are heartbreaking and deeply troubling,” the Democrat’s statement said. “I continue to urge HOAs to be more flexible — clearly, there is more work to do with the legislature and local communities to enhance the rights of property owners and protect people from being ripped off.”

Currently HOA's and homeowners are being drain of their finances going to court paying lawyers' fees and court time.

Without enforcement nothing will be changed, and the Task Force time and suggestion/report given to Polis will be a waste of time and money.