Property Management

In Colorado, which of the following is required before an HOA can place a lien on a homeowner's property for unpaid assessments?

ANo requirements — liens can be placed immediately upon non-payment
BProper notice to the homeowner and compliance with CCIOA's lien procedures✓ Correct
CCourt approval before any lien can be filed
DApproval of 75% of all unit owners

Explanation

Under CCIOA, before an HOA can place a lien for unpaid assessments, it must follow proper notice procedures — typically providing written notice of the delinquency and an opportunity to cure. Failure to follow proper procedures can invalidate the lien.

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