Under the Colorado Common Interest Ownership Act, C.R.S. § 38-33.3-316, an association has a statutory lien for unpaid assessments. After HB22-1137 (2022) it may foreclose only once the lien equals six or more months of assessments and the board formally authorizes the suit by a recorded vote.
C.R.S. § 38-33.3-316(11) lets an association foreclose its assessment lien 'in like manner as a mortgage on real estate,' but only if the balance secured 'equals or exceeds six months of common expense assessments' AND 'the executive board has formally resolved, by a recorded vote, to authorize the filing of a legal action against the specific unit.' That duty cannot be delegated, and a suit filed without the recorded vote 'must be dismissed.' Section 38-33.3-316.3 requires a good-faith payment plan letting the owner cure over at least eighteen months; an owner in compliance cannot be foreclosed. Payments apply first to assessments, then to fines and fees. The lien expires six years after the amount becomes due.
No specific statutory penalty on the owner beyond the debt: late fees, interest capped at 8% per year, reasonable collection costs, and attorney fees, plus judicial foreclosure once the lien reaches six months of assessments and the board votes to authorize suit.
Other ordinances people look up for this city. Green dot = verified primary-source excerpt.
Boulder, CO
Boulder imposes no general restriction on year-round lawn ornaments, statuary, or religious displays on private residential property. The Sign Code in BRC 9-...
Boulder, CO
Boulder has no ordinance specifically regulating residential inflatable holiday displays. Size, motor noise, and lighting hours are not capped by the city fo...
Boulder, CO
Boulder explicitly carves out holiday and seasonal displays from its Outdoor Lighting Ordinance. BRC 9-9-16 (Light Output) restricts lamps and bulbs visible ...
Boulder, CO
An outdoor kitchen in Boulder typically requires a building permit when it exceeds 200 sq ft, includes a roof or pergola, or is attached to the house. Gas li...
Boulder, CO
Boulder has no smoker-specific ordinance; offset, pellet, kamado, and wood-fired smokers fall under the general IFC 308 framework adopted in BRC 10-8-2 plus ...
Boulder, CO
Boulder adopts the International Fire Code under Boulder Revised Code Title 10 Chapter 8 (Fire Code). IFC Section 308.1.4 prohibits charcoal burners, gas gri...
See how Boulder's assessment & dues rules stack up against other locations.
Help us keep this page accurate. If you notice an error or outdated information, let us know.