Is the Mission Viejo Homeowners Association subject to the provisions of the Colorado Common Interest Ownership Act and provisions of Senate Bills 05-100 and 06-89?
Officially and currently the Mission Viejo Homeowners’ Association is not subject to the provisions of the Colorado Common Interest Ownership Act (CRS 38-33.3-101). Senate Bill 05-100 and Senate Bill 06-89, amendments to this statute effective as of January 1, 2006 and May 26, 1,2006 respectively dictate that certain disclosures of common interest homeowners associations be made available to all owners. These bills also stipulates that all sellers of property within a common interest HOA provide copies to the buyer(s) relevant association documents such as minutes, budget, and a copy of the covenants prior to the sale of the property. While Mission Viejo is technically not subject to these provisions, a majority of the HOA disclosures stipulated by the Colorado Common Interest Ownership Act are available through this web site.
