Division Legislative Summaries For The 2025 Legislative Session

As a licensee, do you know the latest from the Capitol? What happened in the Colorado 75^th General Assembly Legislative Session earlier this year?  Over the course of four months, the legislature passed and the Governor signed many bills that affect the real estate industry. 

The Division has prepared summaries of these important bills and prepared a slide presentation on the bills.  Protect your consumers, protect yourself, and protect your transactions by knowing these laws and when they take effect.  Visit the Division’s website for more information:

MLO Advisory: New Rules Governing Mortgage Loan Originators Take Effect September 30, 2025

Mortgage Loan Originators should be aware that on July 16, 2025, the Colorado Board of Mortgage Loan Originators held a Regular Meeting and Rule-Making Hearing.  After notice and comment, the Board reviewed Chapter 5: Professional Standards of the rules governing Mortgage Loan Originators, found at 4 CCR 725-3.  

During the July 16 hearing, the Board discussed two options: (1) revising the Tangible Net Benefit Disclosure form and when it should be used, or (2) repealing the relevant rules that required Mortgage Loan Originators to provide the Tangible Net Benefit Disclosure form to consumers.  The Board voted to repeal Rules 5.7 and 5.8

Importantly, the new rules take effect on September 30, 2025.  Therefore, Mortgage Loan Originators should continue to include Rules 5.7 and 5.8 in their practice until September 30, 2025.  Thereafter, practitioners are no longer required to use the Tangible Net Benefit Disclosure Form.  The form will be removed from the Division’s website when the new rules take effect. 

The latest rules for the Mortgage Loan Originators Program, along with the rules governing Real Estate Brokers and Real Estate Appraisers, can be reviewed on the Division’s website.  On that page, select the correct program, and users will be directed to the Colorado Secretary of State’s website for the rules. Reviewing the latest rules by all licensees is a best practice to better understand their roles and duties: 

HOA Center Advisory: Understanding the HOA Registration Requirement

The HOA Information & Resource Center is commonly asked whether a particular type of community – such as a property owners’ association, a road association, or a voluntary association - is required to be registered with the Colorado Division of Real Estate.  While the HOA Center is unable to offer legal advice, the following information is intended to provide guidance for board members, homeowners, and others in the common interest community industry as they seek to understand the state’s registration mandate. 

First, the abbreviation “HOA” means “homeowners’ association”.  Many understand an HOA to be a community governed by a volunteer board of directors.  The directors, or “board members”, are charged with protecting and maintaining the common elements, collecting assessments, paying the bills, and ensuring the continuous and harmonious operation of the community.

The abbreviation “HOA” is not legally defined in the Colorado Common Interest Ownership Act (“CCIOA”) – nor in any other state law or provision. Rather, CCIOA defines the term “Common Interest Community” (“CIC”).  Let’s take a closer look at this term and what it means with respect to registering an HOA in Colorado.

CCIOA defines a CIC as “real estate described in a declaration with respect to which a person, by virtue of such person's ownership of a unit, is obligated to pay for real estate taxes, insurance premiums, maintenance, or improvement of other real estate described in a declaration.” See 38-33.3-103(8), C.R.S. (Read More)

Is your HOA community currently self-managed or working with a management company for day-to-day business affairs? Many boards periodically review how their community’s needs are being met and whether their current approach continues to be the right fit. When exploring options, boards often weigh a variety of factors: cost, experience, location, and the level of support needed by the Board and homeowners. 

For this month’s HOA Forum, the HOA Information and Resource Center is pleased to host Danaly Howe, Chief Relationship Officer of Westwind Management Group, LLC, as guest speaker. This session will cover:

• Pros and cons of self-management vs. professional management
• How to evaluate your community’s needs and determine the scope of services
• Tips for creating an effective Request for Proposal (“RFP”)
• Key questions to ask when interviewing potential management partners

Please join us for a short presentation and Q&A session on the considerations involved in exploring or renewing management options on Friday, September 26, 2025, at 1:00 PM (MT).

Presentation Details: 

• Date: Friday, September 26, 2025
• Time: 1:00 p.m. - 2:00 p.m. (MT)
• Location: Online Webinar Only

You may register for the event here:

Join A FREE Webinar

The Division of Real Estate makes an effort to have all public meetings and educational opportunities live and accessible to the public by signing up for a webcast.

Find the meeting or event you want to attend on the Division Calendar, click “more details” and follow the directions to sign up for the webcast.

Subscribe And Stay Up-To-Date

Have you checked out our YouTube channel yet? You can find webinar recordings, educational videos, bite-sized advisory videos, and watch various LIVE hearings and board & commission meetings.

Watch & Subscribe to: @DORADivisionRealEstate 
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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.

- August 5, 2025: Colorado Real Estate Commission (CREC) Meeting &      Non-Rulemaking Hearing:
  Webinar - Video (Part 1)
  Webinar - Video (Part 2)

- July 25, 2025 - HOA Information & Resource Center Forum:                        2025 Legislative Session Updates
  Webinar - Video