resources / Statutes / Colorado / Colorado Common Interest Ownership Act
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Obligation of good faith Every contract or duty governed by this article imposes an obligation of good faith in its performance or enforcement.
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Remedies to be liberally administered 38-33.3-114. Remedies to be liberally administered (1) The remedies provided by this article shall be liberally administered to the end that the aggrieved party is put in as good a position as if the […]
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Applicability to new common interest communities Except as provided in section 38-33.3-116, this article applies to all common interest communities created within this state on or after July 1, 1992. The provisions of sections 38-33-101 to 38-33-109 do not […]
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Large planned communities – exemption from certain requirements 38-33.3-116.3. Large planned communities – exemption from certain requirements (1) A planned community shall be exempt from the provisions of this article as specified in subsection (3) of this section or […]
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Applicability to preexisting common interest communities 38-33.3-117. Applicability to preexisting common interest communities (1) Except as provided in section 38-33.3-119, the following sections apply to all common interest communities created within this state before July 1, 1992, with respect […]
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Procedure to elect treatment under the “Colorado Common Interest Ownership Act” 38-33.3-118. Procedure to elect treatment under the “Colorado Common Interest Ownership Act” (1) Any organization created prior to July 1, 1992, may elect to have the common interest […]
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Exception for small preexisting cooperatives and planned communities If a cooperative or planned community created within this state before July 1, 1992, contains no more than ten units and is not subject to any development rights, or if its […]
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Extension of declaration term 38-33.3-120.5. Extension of declaration term (1) If a common interest community has a declaration in effect with a limited term of years that was recorded prior to July 1, 1992, and if, before the term […]
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Applicability to nonresidential planned communities This article does not apply to a planned community in which all units are restricted exclusively to nonresidential use unless the declaration provides that the article does apply to that planned community. This article […]
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Applicability to out-of-state common interest communities This article does not apply to common interest communities or units located outside this state.
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Enforcement – limitation 38-33.3-123. Enforcement – limitation (1) (a) If any unit owner fails to timely pay assessments or any money or sums due to the association, the association may require reimbursement for collection costs and reasonable attorney fees […]
Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Legislative declaration – alternative dispute resolution encouraged – policy statement required 38-33.3-124. Legislative declaration – alternative dispute resolution encouraged – policy statement required (1) (a) (I) The general assembly finds and declares that the cost, complexity, and delay inherent […]