You may recall that Green Valley Ranch’s master homeowners association filed over 50 foreclosure actions against homeowners who were delinquent in the payment or dues or even fines for failure to stow trash containers, and the like.
Well, the General Assembly responded and passed HB22-1137 (signed by Gov. Polis) prohibiting the use of foreclosure actions to enforce unpaid fees. Now an HOA can only use Small Claims Court to collect delinquent fees.
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Author: Golden Real Estate, Inc.
Golden Real Estate is a prominent member of the Denver/Jefferson County real estate scene. Based in Golden, we service both Denver and Jeffco, representing both buyers and sellers. We're well known for Broker Jim Smith's weekly "Real Estate Today" column published in the Denver and Jeffco editions of the Denver Post's YourHub section each Thursday. The column also appears in several weekly newspapers and is archived at www.JimSmithColumns.com. We have nine agents, all of whom are Realtors and EcoBrokers. Our office is Net Zero Energy since December 2017, and several of us drive electrics cars. Known for our sustainable practices, we accept polystyrene (aka "Styrofoam") for recycling, keeping 200 cubic yards per year out of area landfills.
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