New resource center monitors Colorado's HOAs

By: Cecile Juliette Email
By: Cecile Juliette Email

GRAND JUNCTION, Colo. (KKCO) - As of Tuesday, March 1st, all Homeowner's Associations with the state of Colorado must have registered with the Colorado Division of Real Estate.

The goal is to have documentation of all HOAs, in order to keep them informed of changing laws, and to provide information on the rights of homeowners.

Calvin Hofer is the president of the HOA at Spanish Trails in Grand Junction. He says as president, he has several duties, including calling meetings, and keeping his residents informed of rules in the neighborhood. He also keeps an eye on the budget, though he doesn't handle any money.

Hofer says the monthly dues at Spanish Trails add up to $35 a month. That includes just under $18 for lawn maintenance, $9 to pay the management company, which collects the monthly fees, and the rest for insurance and emergencies, like fixing infastructure.

He says, "If the sidewalk cracks, or there's a water main break, we need to have money budgeted for that."

Hofer says it's up the residents of each neighborhood to educate themselves on covenants, conditions, and restrictions before they buy a home. That way, if they think the monthly fees are too high, or the money isn't spent wisely, they can make the decision not to move in to the neighborhood.

He also adds that change is possible. He says, "If they don't like what the HOA is doing, then the next step is to get on the board and affect some positive change.

For more information click on the link below under related links:


KKCO firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKCO 11News.

powered by Disqus
KKCO NBC 11 News 2531 Blichmann Avenue Grand Junction, CO 81505 Station Phone: 970.243.1111 Business Fax: 970.243.1770 Newsroom Fax: 970.245.3793 News Tip & Contest Line: 970.255.8477
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 117226368 - nbc11news.com/a?a=117226368