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Division of Real Estate Bimonthly Notification
January, 2024
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Commission Approved Real Estate Forms For Use After
January 1, 2024
 Each year, the Colorado Real Estate Commission reviews and updates approved contracts and forms to comply with the latest laws and practices in the real estate industry. On January 1, 2024, the Division of Real Estate released several updated forms for use in Colorado. For those licensees that had listings as of December 31, 2023, new forms like the Seller's Property Disclosure must be used on any property that goes under contract on or after January 1, 2024. It is important that all real estate licensees familiarize themselves with the new forms and implement them in their practice.
Reminder: Renew Your License Today!
 The Division of Real Estate is taking one last opportunity to remind all licensees about license renewal. Licensees with an expired license MAY NOT conduct any business that requires licensure. If you have not already, visit the Division of Real Estate's website now to renew your license.
The 2024 Colorado Real Estate Manual Is Available,
Order Yours Today
The Unabridged Version of the Colorado Real Estate Manual is available for purchase through the publisher, LexisNexis. Each order for the print version comes with an eBook download at no additional charge. The eBook can be available on the go, allowing you to carry the manual with you anywhere.
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Announcements & Upcoming Meetings:
HB23-1105 HOA Homeowners' Rights Task Force Meeting:
Board of Real Estate Appraisers (BOREA) Meeting:
HB23-1105 Metropolitan District Homeowners' Rights Task Force Meeting:
HB23-1105 HOA Homeowners' Rights Task Force Meeting:
Board of Mortgage Loan Originators (MLO) Meeting:
HB23-1105 Metropolitan District Homeowners' Rights Task Force Meeting:
HOA Info & Resource Center Forum: Association Records & Annual Disclosures
HB23-1105 HOA Homeowners' Rights Task Force Meeting:
Colorado Real Estate Commission (CREC) Regular Meeting and Rulemaking Hearing:
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2024 Colorado Annual Commission Course Available January 1, 2024
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The 2024 Annual Commission Update course will be available January 1, 2024 for real estate brokers. This 4-hour mandatory course is necessary in order to maintain your license status. (Read More)
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Sunset Review of the Colorado HOA Information and Resource Center
The Colorado Office of Policy, Research and Regulatory Reform ("COPRRR") is currently conducting a sunset review of the Colorado HOA Information & Resource Center. Analysis is performed to determine if the Resource Center is necessary and should be continued, modified, or repealed. To provide input on this review, please visit COPRRR's website.
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Errors & Omissions Insurance Policy Renewal Reminder
The Division would like to remind all active licensees that many Errors & Omissions ("E&O") policies expire on January 1, 2024, please review important renewal information prepared by the state contracted E&O carrier, Rice Insurance Services Center (RISC).
Most E&O policies expire on January 1, 2024. Please be advised that a full E&O audit of Real Estate Brokers will take place in February, 2024 to ensure compliance with the E&O insurance requirement.
If you are renewing a policy that expires on January 1, 2024, you must purchase the renewal before January 31, 2024 and the policy must be effective January 1, 2024 to be considered compliant.
See program-specific details below:
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Metropolitan District Homeowners’ Rights Task Force - January Meetings
The Metropolitan District Homeowners’ Rights Task Force, created by HB23-1105, will hold a two public meetings in January 2024. The first will be on January 8, and the second will take place on January 22. Both meetings will be via webinar only and be held from 2:00 P.M. until 4:00 P.M. (MT).
The Metropolitan District Homeowners' Rights Task Force is created in the Department of Regulatory Agencies by section 24-34-101(1)(a), C.R.S. to examine issues confronting communities that are governed by the executive board of a Metropolitan District.
Visit the Engagement Tool for Zoom webinar registration, agenda, YouTube link and to submit public comments:
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HOA Homeowners' Rights Task Force January Meetings
The HOA Homeowners' Rights Task Force will three public meetings via Webinar in January. On Tuesday, January 2, 2024 from 1:00 P.M. until 5:00 P.M. (MT) there will be time given to hear public testimony. On Tuesday, January 16, 2024 from 1:00 P.M. until 4:00 P.M. (MT), the task force will hold a second meeting. Then, on Tuesday, January 30, 2024 from 1:00 P.M. until 4:00 P.M. (MT), the task force will hold a third January meeting.
The HOA Homeowners' Rights Task Force is created in the Department of Regulatory Agencies by section 24-34-101(1)(a), C.R.S. to examine issues confronting communities that are governed by the executive board of an association.
Visit the Engagement Tool for Zoom webinar registration, agenda, YouTube link and to submit public comments:
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HOA Forum:
Association Records and Annual Disclosures
Happy New Year! Even in 2024, many associations still operate as if it is the year 1983 with respect to making certain records available to unit owners. Is your HOA in compliance with House Bill 12-1237, which was made law over a decade ago? As a board member, do you know which records must be withheld from production to unit owners? What about those pesky annual disclosures mandated by the Colorado Common Interest Ownership Act (“CCIOA”)? Ensure your association is not stuck in the age of the first spacewalk by attending the HOA Information & Resource Center’s HOA Forum on Association Records and Annual Disclosures.
Please note that this presentation is focused on the obligations of board members of community associations in Colorado; however, all are welcome to attend.
On Friday, January 26, 2024 at 1:00 pm (MT), join the HOA Information Officer for a live webinar discussion.
All are welcome to attend.
Presentation Details:
- Date: Friday, January 26, 2024
- Time: 1:00 p.m. - 2:00 p.m. (MT)
- Location: Online Webinar Only
Register today!
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Note: If you are unable to attend, the HOA Information & Resource Center posts a recording of the webinar within a few days following the presentation at the following link: https://dre.colorado.gov/recent-hoa-forums
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HOA Advisory:
The New Year Is A Great Time To Check On Your Registration Status
The Colorado Common Interest Ownership Act (“CCIOA”) requires that all associations located in Colorado to register with the Division of Real Estate and renew on a yearly basis. The HOA Center is commonly asked if failure to register invalidates an association. It does not but it does result in suspending the association’s legal right to enforce a lien for assessments, pursue an action, or employ an enforcement mechanism. For more detailed information on association registration, please see section 38-33.3-401, C.R.S.
The HOA Information & Resource Center has developed a detailed website that sets forth the step-by-step directions for the registration process, renewal process, and other changes that an association can make in the registration system. For more information, you can visit the HOA Center’s Registration Services Help Page. Board members should regularly ensure that the contact information for the association’s registration is current. This is most helpful because the HOA Center will issue renewal notices by email approximately one (1) month before the expiration. (Read More)
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Life is Busy - We Get It!
Did you miss any of our meetings or forums last month? No need to worry! You can click the links below to catch up and stay current with what is going on at the Division of Real Estate.
- December 5, 2023: Colorado Real Estate Commission (CREC) Meeting:
Webinar - Video
- December 5, 2023: Metropolitan District Homeowners' Rights Task Force Meeting:
Webinar - Video
- December 15, 2023: HOA Forum: HOA Budgets
Webinar - Video
- December 18, 2023: Metropolitan District Homeowners' Rights Task Force Meeting:
Webinar - Video
- December 20, 2023: HOA Homeowners' Rights Task Force Meeting:
Webinar - Video
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For Division Interested Parties and Licensed Professionals
The Division of Real Estate's bimonthly email is designed to provide Division news, information on upcoming public meetings, rulemaking hearings, and registration links for educational webinars. Additionally, licensed professionals can find updates on licensing deadlines, opportunities for stakeholder engagement, and important practice guidance matters.
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Colorado Division of Real Estate
1560 Broadway, Ste. 925 | Denver, Co 80202
Phone: (303) 894-2166 /(800) 886-7675 | Fax: (303) 894-2683
Email: dora_realestate_website@state.co.us |
Subscriber Services:
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