Legislative overreach

The Colorado Legislature has already over regulated HOAs with the recent laws that have been enacted. Every HOA has been required to pay attorney fees just to make sure their documents comply with these new laws. The cost to our HOA was $500. Complying with these new laws could be even more costly. The homeowners end up paying these additional costs. Legislators need to realize that all HOAs are not out take advantage of their members. Our HOA Board is very cognizant of its responsibility to the homeowners. Our Board strives to be transparent and maintain open communications with all homeowners. Our Board also strives for compliance through education of and communication with its members. It has worked very well.

There should be a better way to punish the bad actors. Look long and hard for better solutions.

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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.