Property Ownership
Under Colorado's HOA (Homeowners Association) disclosure law, sellers of property in a common interest community must provide buyers with:
AOnly the HOA's annual meeting minutes
BHOA documents including declaration, bylaws, rules, budget, and financial statements within a specified time period✓ Correct
CA personal guarantee of all HOA obligations
DProof that all HOA dues are current
Explanation
Colorado's Common Interest Ownership Act (CCIOA) requires sellers of property in an HOA to provide buyers with HOA governing documents, financial statements, reserve fund information, and other required disclosures. The buyer has a right to rescind the contract within a specified period after receiving these documents.
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