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CO HB1217
Bill
Status
5/2/2016
Primary Sponsor
Su Ryden
Click for details
AI Summary
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Authorizes the director of the Division of Real Estate to establish HOA registration fees by rule as either a single per-unit annual fee, a tiered per-unit annual fee, or a single per-association annual fee, replacing the previous per-HOA fee structure.
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Requires the HOA information officer to develop and maintain a statewide election monitoring referral list of independent contractors qualified to monitor HOA elections, with minimum experience standards established by rule.
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Requires the HOA information officer to develop and maintain a statewide mediation and arbitration services referral list containing contact information for independent contractors providing dispute resolution services on HOA matters, with minimum experience standards set by rule.
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Mandates annual reporting by contractors on both referral lists regarding the number and types of HOA-related requests and cases handled, with confidentiality protections for mediation and arbitration information.
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Takes effect January 1, 2017.
Legislative Description
Implement HOA Info Office Study Recommendations
Last Action
Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely
5/2/2016