Property Ownership
Colorado's CCIOA (Common Interest Ownership Act) gives HOA boards the authority to:
ARefuse to allow any owner to sell their unit
BLevy fines, assess special assessments, and place liens on units for unpaid dues✓ Correct
CChange the declaration without member approval
DRestrict an owner's right to vote in HOA elections
Explanation
Under CCIOA, HOA boards in Colorado may levy fines for rule violations, assess special assessments for major repairs or improvements (with appropriate member approval depending on amount), and place liens on properties for unpaid assessments.
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