Important Update: Community Association Manager (CAM) Licensing Program
On Friday, May 31, 2019, the Governor vetoed HB19-1212 (Recreate Homeowners' Association Community Manager Licensing Bill).
- The Governor’s Veto Letter can be viewed here.
- The Governor’s related Executive Order D-2019-006 (Directing a Stakeholder Process to Examine Community and Homeowner Associations) can be viewed here.
As a result of this veto, the CAM licensing program will end at the Division of Real Estate on June 30, 2019, and the Division will no longer have any jurisdiction over community association managers. The Division will cease to enforce any licensing, investigations, insurance, and continuing education requirements regarding this program.
At the Governor’s request and as per his Executive Order (Governor’s Executive Order D-2019-006 (Directing a Stakeholder Process to Examine Community and Homeowner Associations), the Department of Regulatory Agencies (DORA), through the Division of Real Estate (Division), will be conducting a comprehensive review of existing and potential laws and recommend strategies to promote effective and efficient regulation of Community Association Managers (CAMs) and Homeowners’ Associations (HOAs).
Specifically, the Governor has requested information and recommendations on the following:
The licensure of CAMs, and whether licensure is needed to protect consumer safety and is cost-effective;
- Approaches that improve transparency among HOAs;
- Methods to reduce costs and improve the transparency of HOA fees and fee schedules; and
- Strategies to promote homeowner rights and consumer protections through an evaluation of the Colorado Common Interest Ownership Act and other related acts or rules.
Please take the below survey on the topics referenced above so that it can receive your input and recommendations. This information will be used as a basis for discussion at the stakeholder meetings. It is important if you have any input for the Division to consider for its report to the Governor’s office that you provide your input, suggestions and recommendations in a timely manner so that they can be collected, compiled and considered prior to the Division finalizing the proposed recommendations for the Governor. Please only submit your input to the following email address: firstname.lastname@example.org. Your input is important for this stakeholder process, so please take the time to complete the survey by July 31, 2019.
In the months of August, September and October, interested stakeholder meetings will be conducted at the DORA offices. Interested parties will be able to attend in person, however, attendee space will be limited due to the room size, so the Division is also making these meetings available for viewing by Webinar from your computer.
How to request to attend the stakeholder meetings in person
All meetings will take place at the DORA offices located at 1560 Broadway, Denver, CO 80202. Seats will be limited, so if you wish to be considered for attending in person, please sign-up below and we will follow-up with you regarding your in-person attendance request.
If you cannot attend in person, the meetings will also be shown by Webinar, and you can register below:
Wednesday, August 14th, from 9:00 am to 11:00 am.
Meeting Topic: The licensure of CAMs, and whether licensure is needed to protect consumer safety and is cost-effective.
Thursday, August 29th, from 1:00 pm to 3:00 pm.
Meeting Topic: Approaches that improve transparency among HOAs.
Thursday, September 12th, from 9:00 am to 11:00 am.
Meeting Topic: Methods to reduce costs and improve the transparency of HOA fees and fee schedules.
Tuesday, October 8th, from 9:00 am to 11:00 am.
Meeting Topic: Strategies to promote homeowner rights and consumer protections through an evaluation of the Colorado Common Interest Ownership Act and other related acts or rules.