This morning at CAI’s Wake-Up Call breakfast meeting, Aaron Acker – the HOA Information Officer for the Colorado Division of Real Estate (“Division”) – announced that pre-CCIOA communities will not be required to register with the Division. This means that associations created before July 1, 1992, will not be required to comply with the registration requirement.
The announcement made this morning was based upon a legal opinion received by the Division. Mr. Acker stated that the Division will soon be releasing a formal announcement on this issue. He also noted that the Division will be encouraging all associations in Colorado to register.
We will post the formal announcement from Mr. Acker once it is published and will provide further information as it becomes available.