Denver, CO HOA Rules: Assessment & Dues (2026)

Under CCIOA (C.R.S. 38-33.3), the association must adopt an annual budget and provide a copy to all unit owners within 30 days of adoption. Regular assessments are allocated according to each unit's common expense allocation. Special assessments may require membership approval depending on the declaration's provisions. CCIOA provides a statutory lien for unpaid assessments that includes a super-priority component covering up to six months of unpaid assessments, which takes priority over first mortgages (C.R.S. 38-33.3-316). The association must provide written notice at least 30 days before recording a lien. Interest on late payments accrues at the rate specified in the declaration, or if none, at 8% per year. House Bill 24-1337 (effective 2024) limits attorney fees in HOA collection actions, capping fees at the lesser of 50% of the outstanding assessments or $5,000. Associations must provide a written payment plan option to owners with outstanding balances before proceeding to foreclosure. The lien includes unpaid assessments, late charges, attorney fees, fines, and interest. Associations may foreclose the lien judicially under Colorado law.