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Colorado Property Management Related Legislation

Below is a list of legislative bills passed in Colorado that impact rental housing. For each bill we share the key points and link the full bill. All information is obtained directly from the Colorado General Assembly website. This information should not be considered legal advice.

HB21 1229 - Home Owners' Associations Governance Funding Record Keeping

Effective Date: September 7th, 2021

Key points:

  • Access to Records:

    • HOAs must maintain and provide access to records such as a list of current fees chargeable upon the sale of a home, financial statements, reserve fund balances, insurance policies, and meeting minutes.

    • Failure to provide access within 30 calendar days of a certified mail request results in a penalty of $50 per day.

  • Renewable Energy Installations:

    • HOAs must approve or deny completed applications for renewable energy devices, like solar panels, within 60 days.

    • Aesthetic guidelines cannot reduce the device's efficiency by more than 10% or increase its cost by more than 10%.

  • Drought-Tolerant Landscaping:

    • The use of non vegetative turf grass (artificial turf) in backyards cannot be prohibited by HOAs. 

  • This legislation aims to promote homeowner rights and sustainable practices within HOA-governed communities.

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