Colorado Common Interest Ownership Act (CCIOA) — C.R.S. §38-33.3
Complete compliance reference for Colorado HOA and condo boards. Below you'll find late fee limits, violation notice procedures, reserve study requirements, collection rules, and meeting mandates — all based on current state statutes.
30
Day Cure Period
7
Day Grace Period
3
Day Board Meeting Notice
Yes
Hearing Required
Late fee cannot exceed the greater of $50 or 5% of past-due amount. 7-day grace period required per C.R.S. §38-33.3-315.
30-day cure period for violations. Fines capped at $500 per violation as of 2025 reforms. Mandatory dispute resolution available through HOA Information Office.
Reserve study required every 5 years for associations with significant common elements. Annual budget must address reserve funding.
Must offer payment plan before foreclosure. Foreclosure only for amounts exceeding 6 months of assessments.
Board meetings open. Owner comment period required at each meeting.
Legal Disclaimer
This information is for general guidance only and does not constitute legal advice. HOA laws change frequently. Always consult a licensed attorney in Colorado for specific legal questions regarding your community.
Parkie's compliance engine automatically monitors your Colorado community against state regulations — flagging late fee violations, notice deadlines, and reserve requirements before they become problems.