Mountain Law: Colorado court of appeals clarifies aspects of amending restrictive covenants (CO)

Recent Colorado court decisions clarify aspects of amending the declaration of restrictive covenants in common interest communities (CICs).  CICs, which include most condominiums and covenant-controlled subdivisions, are generally governed by a comprehensive statute known as the Colorado Common Interest Community Ownership Act (CCIOA) that went in effect in 1992. Vis-à-vis CICs created before 1992 (so-called “pre-CCIOA communities”), only certain provisions of CCIOA apply. The list is set out in Section 117 of CCIOA, which I refer to as the “secret decoder ring” because it is often necessary to turn to this provision to decode whether given provisions of the statute apply.   Read the article……………….