Homeowners' Association Delinquency Payments Enforcement Procedures
House Bill 22-1137, concerning practices of unit owners' associations, imposed a number of procedural requirements on unit owners' associations (HOAs) with respect to collecting payments from unit owners with delinquent accounts. The act changes some of these procedural requirements by:
- Removing a requirement that an HOA physically post notice of a unit owner's delinquent account on the unit owner's unit;
- In addition to sending notice by certified mail, requiring an HOA to contact a unit owner or designated contact by 2, rather than one, of certain described means;
- Authorizing an HOA to contact a unit owner or designated contact via telephone call to a telephone number that the HOA has on file for the unit owner or the unit owner's designated contact; and
- Allowing an HOA to charge a unit owner for the cost of sending notices or documentation by certified mail.
The act also exempts time share units that are not occupied on a full-time basis from some of the procedural requirements imposed by House Bill 22-1137.
APPROVED by Governor June 3, 2024
EFFECTIVE August 7, 2024
(Note: This summary applies to this bill as enacted.)