Sunset Process - House Business Affairs and Labor Committee. The bill continues the HOA information and resource center for 5 years, until 2025. It also creates a dispute resolution and enforcement program (program) under which the division of real estate shall:
- Collect and annually report upon additional data specifically related to disputes and violations of the "Colorado Common Interest Ownership Act" (act);
- Produce and distribute educational materials concerning the act and the program; and
- Take complaints, conduct investigations, make determinations, impose penalties, and participate in administrative dispute resolutions when there are alleged violations of the act or the program.
(Note: This summary applies to this bill as introduced.)