CO HB1123

Requires disputes between unit owners and homeowners' associations to go through informal negotiation before filing a lawsuit, with the association providing written notice by certified mail and meeting within 60 days at a board meeting in executive session

Allows parties to voluntarily pursue mediation if informal negotiation fails; either party may then file a complaint in court

Communications during informal negotiations are confidential and protected under Colorado Rules of Evidence Rule 408, and the statute of limitations is tolled during the negotiation and mediation process

Exempts disputes involving reasonable threats of immediate injury, harm, or damage to a person or property from the mandatory informal negotiation requirement

Requires HOAs to annually provide unit owners with a copy of this section and update written policies to comply within 14 days of any policy changes