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HB24-1383

Common Interest Community Declarations

Concerning declarations that form common interest communities under the "Colorado Common Interest Ownership Act".
Session:
2024 Regular Session
Subject:
Housing
Bill Summary

Under the "Colorado Common Interest Ownership Act" (CCIOA), every common interest community must be formed by the execution and recording of a declaration. The CCIOA does not state who is required to execute the declaration. The bill clarifies that:

  • A declaration that forms a common interest community must be executed by or with the express written authorization of the owner or owners of the real estate that is to be included in the common interest community; and
  • Any amendment to a declaration that adds real estate to a common interest community must be executed by or with the express written authorization of the owner or owners of the real estate to be added.
    (Note: This summary applies to this bill as introduced.)

Status

Introduced
Under Consideration

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. W. Lindstedt
Sen. D. Michaelson Jenet

Sponsor

Co-sponsor

Upcoming Schedule

Colorado legislature email addresses ending in @state.co.us are no longer active. Please replace @state.co.us with @coleg.gov for Colorado legislature email addresses. Details

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details