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Bill Detail: HB24-1383

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Title Common Interest Community Declarations
Status Governor Signed (05/15/2024)
Bill Subjects
  • Housing
House Sponsors W. Lindstedt (D)
Senate Sponsors D. Michaelson Jenet (D)
House Committee Transportation, Housing and Local Government
Senate Committee Local Government and Housing
Date Introduced 03/25/2024
AI Summary
Summary

Under the Colorado Common Interest Ownership Act (CCIOA),
every common interest community must be formed by the execution and
recording of a declaration. The CCIOA does not state who is required to
execute the declaration. The bill clarifies that:
  • A declaration that forms a common interest community
must be executed by or with the express written
authorization of the owner or owners of the real estate that
is to be included in the common interest community; and
  • Any amendment to a declaration that adds real estate to a
common interest community must be executed by or with
the express written authorization of the owner or owners of
the real estate to be added.

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