Property Management
A Colorado HOA board has the authority to:
AA. Set individual homeowners' property tax rates
BB. Adopt and enforce rules and regulations, levy assessments, and maintain common areas per the community's governing documents✓ Correct
CC. Rezone properties within the HOA
DD. Issue building permits for additions
Explanation
Under Colorado's Common Interest Ownership Act (CCIOA), HOA boards have the authority to adopt and enforce rules and regulations consistent with the governing documents (declaration, bylaws, rules), levy regular and special assessments, maintain common areas, and take action against members who violate the covenants — including fines and liens.
Related Colorado Property Management Questions
- Under Colorado's CCIOA, what percentage vote is typically required for a common interest community to approve special assessments above a certain threshold?
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- In Colorado, a tenant who is constructively evicted (landlord makes the unit uninhabitable) may:
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- A Colorado residential lease automatically converts to a month-to-month tenancy when:
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