New Law Prohibits HOAs From Foreclosing Over Unpaid Fees  

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.