The Colorado Real Property Transfer Declaration (TD-1000) form has recently been revised and updated. The TD-1000 provides essential information for the county assessor to help ensure that real property assessments for property tax purposes are fair and uniform. Any conveyance documents, such as deeds, that are subject to the documentary fee submitted to the county recorder for recording must be accompanied by a TD-1000 form.
On February 25th, the community association manager (“CAM”) licensing bill was introduced to the legislators. House Bill 19-1212 seeks to “recreate” the CAM licensing program and extend it through September 1, 2024.
The Division of Real Estate would like to remind Community Association Managers (“CAMs”) of the process and approved courses for their program’s continuing education requirements to ensure that their license remains active.
The Division would like to notify mortgage loan originators MLOs) that there will be upcoming rule-making this summer in regards to the adoption of the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act) (P.L. 115-174).
The bill expands section 38-33.3-106.5 of the Colorado Common Interest Ownership Act (CCIOA) which allows unit owners to use xeriscape or drought- tolerant vegetative landscapes to property for which a unit owner is responsible for, including limited common elements or property owned by the unit owner.
Note that associations may adopt and enforce design, aesthetic guidelines or rules on drought-tolerant vegetative landscapes or regulate the type, number, and placement of drought-tolerant plantings that may be installed on the unit owner's property or on a limited common element or other property.
The bill further extends and amends section 37-60-126 of the Colorado Revised Statutes by prohibiting any restrictive covenants, rules or regulations that limit the installation or use drought-tolerant vegetative landscapes or that requires cultivated vegetation to consist wholly or partially of turf grass, and deems those covenants, rules or regulations as contrary to public policy.
Attend a forum to learn about the Colorado HOA Information and Resource Center and meet the HOA Information Officer, Shanneyvie Johnson. You will have the opportunity to voice your questions and concerns regarding HOAs. At the forum, helpful resources will be provided along with a discussion of the rights and obligations of living in an HOA community. Topics and locations change monthly.
Seating is limited, please RSVP to: shanneyvie.johnson@state.co.us, or go to the Division’s Events Calendar and click on the registration link located in the event details for a live webcast.
Each month our HOA Officer provides a digest of all the news associated with HOAs in the State of Colorado.