On October 1, 2025, House Bill 25-1043 (the “House Bill”) went into effect. The House Bill is a comprehensive bill that requires most owners’ associations (“HOAs”) that are subject to the Colorado Common Interest Ownership Act (“CCIOA”) to update their governing documents, adjust collection policies and provide certain additional
"Colorado Common Interest Ownership Act (CCIOA); commercial real estate; Colorado legislature"
Colorado Overhauls Record Keeping Requirements for Property Owners’ Associations
By Otten Johnson on
The Colorado legislature recently adopted a bill amending the Colorado Common Interest Ownership Act (CCIOA). House Bill 12-1237, which currently awaits Governor Hickenlooper’s signature, overhauls the record keeping requirements imposed upon Colorado’s property owners’ associations under CCIOA. Generally speaking, the requirements of this bill are more detailed than CCIOA’s old provisions on record keeping…