Remove Budget Reporting Exemption HOAs Predate Act
Cooperatives created on or after July 1, 1992, but before July 1, 1998, that have no more than ten units and are not subject to development rights may impose annual average common expense fees on unit owners in an amount not to exceed $400, which amount will be adjusted annually according to the consumer price index for the Denver-Boulder metropolitan area.
(Note: This summary applies to this bill as enacted.)