HB19-1212 Summary

• Recreates the community association manager licensing program under Colorado law, effective upon passage, with licensing provisions moving to a new location in statute effective October 1, 2019.

• Requires applicants to pass a two-part examination (general competencies and Colorado law), obtain specific professional credentials (CMCA, AMS, or PCAM), and submit to fingerprint-based criminal history checks before licensure.

• Establishes that community association managers must maintain Colorado business locations (except nonresidents with out-of-state offices), maintain professional liability insurance, and disclose all fees and compensation to homeowners associations annually.

• Creates disciplinary authority for the Division of Real Estate to investigate complaints, impose administrative fines up to $2,500, and suspend or revoke licenses for violations including fraud, misappropriation of funds, lack of supervision, and criminal convictions.

• Establishes a stakeholder process requiring quarterly meetings with homeowners and managers to discuss licensing rules, apprentice credentialing, complaint procedures, and other regulatory issues, with annual reporting to the General Assembly.