Implement Homeowners Association Information Office Study Recommendations

Under House Bill 13-1134, enacted in 2013, the director of the division of real estate (director) conducted a study of the functions and duties of other states' homeowners' association (HOA) offices. The director developed a report of the resulting study entitled the 2013 Study of Comparable HOA Information and Resource Centers (report). The bill implements the following recommendations included in the report:

• Replace the per-HOA fee paid by HOAs to fund the HOA information and resource center (center) with a per-unit fee, to be calculated by the director;
• Require the HOA information officer (officer), who is the head of the center, to develop, maintain, and publish a statewide election monitoring referral list consisting of independent contractors who can monitor HOA elections; and
• Require the officer to develop, maintain, and publish a statewide referral list containing the names and contact information for independent contractors who provide mediation or arbitration services on HOA matters.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)