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Division of Real Estate Bimonthly Notification
February, 2024
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Alternative Financing For Real Estate Transactions
 An important and frequently discussed section of the 2024 Annual Commission Update course (the “ACU”), the required annual course for all real estate brokers, pertains to alternative types of financing. There are several reasons for this section being included in the 2024 ACU including, but not limited to: (1) the complicated interchange between broker licensure, mortgage loan origination, and legal advice, and (2) the increased occurrence of these transactions resulting from various market conditions.
The Division has received both inquiries and complaints from across the State about offers that include alternative financing. In addition to conventional, VA, and FHA financing, there are several different types of alternative financing that practitioners should familiarize themselves. Alternative financing might include “Subject To” financing, wraparound financing, seller financing, installment land contracts, and loan assumptions. This article will briefly describe each. (Read More)
The Unabridged Version of the Colorado Real Estate Manual is available for purchase through the publisher, LexisNexis:
For your convenience, 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 take the manual with you anywhere.
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Announcements & Upcoming Meetings:
HB23-1105 HOA Homeowners' Rights Task Force Meeting:
HB23-1105 Metropolitan District Homeowners' Rights Task Force Meeting:
Colorado Real Estate Commission (CREC) Regular Meeting and Rulemaking Hearing:
HB23-1105 HOA Homeowners' Rights Task Force Meeting:
HOA Info & Resource Center Forum: Voting & Proxies
HB23-1105 Metropolitan District Homeowners' Rights Task Force Meeting:
Board of Real Estate Appraisers (BOREA) Meeting:
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February Meetings: Metropolitan District Homeowners’ Rights Task Force
The Metropolitan District Homeowners’ Rights Task Force, created by HB23-1105, will hold a two public meetings in February 2024. The first will be on Monday, February 5, 2024 and the second will take place on Monday, February 26, 2024. 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 website for Zoom webinar registration, agenda, YouTube link and to submit public comments:
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February Meetings:
HOA Homeowners' Rights Task Force
The HOA Homeowners' Rights Task Force will hold two public meetings via Webinar in February. The first will be Friday, February 2, 2024 and the second meeting will take place on Tuesday, February 13, 2024. Both meetings will be via webinar only and be held from 1:00 P.M. until 4:00 P.M. (MT).
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 website for Zoom webinar registration, agenda, YouTube link and to submit public comments:
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 The 2024 Annual Commission Update course is available 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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HOA Forum: Voting & Proxies
One of the most important roles any unit owner can undertake in their association is to be an active participant in community affairs by attending meetings and voting on issues important to the community. Education, transparency, and election integrity are essential goals for communities across the state.
Join the HOA Information Officer on Friday, February 23, 2024 at 1:00 p.m. (MT) for a live webinar to learn more about what the Colorado Common Interest Ownership Act (“CCIOA”) has to say about voting and proxies in common-interest communities. All are welcome to attend.
Presentation Details:
- Date: Friday, February 23, 2024
- Time: 1:00 p.m. - 2:00 p.m. (MT)
- Location: Online Webinar Only
You may register for the event here:
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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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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.
- January 2, 2024: HOA Homeowners' Rights Task Force Meeting:
Webinar -Video
- January, 4, 2024: Board of Real Estate Appraisers (BOREA)
Meeting & Rulemaking Hearing -
Webinar - Video
- January 8, 2024: Metropolitan District Homeowners' Rights Task Force Meeting:
Webinar - Video
- January 16, 2024: HOA Homeowners' Rights Task Force Meeting:
Webinar -Video
- January 17, 2024: Board of Mortgage Loan Originators (MLO)
Meeting:
Webinar -Video
- January 22, 2024: Metropolitan District Homeowners' Rights Task Force Meeting:
Webinar -Video
- January 26, 2024: HOA Information & Resource Center Forum:
Association Records & Annual Disclosures
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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