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Questions Prospective Homeowners Should Ask Before Buying Into an HOA (CO)

/ Owner - September 5, 2023

The Colorado Common Interest Ownership Act (“CCIOA”) defines a Common Interest Community as “real estate described in a declaration with respect to which a person, by virtue of such person’s ownership of a unit, is obligated to pay for real estate taxes, insurance premiums, maintenance, or improvement of other real estate described in a declaration.” The associations formed to oversee and govern these communities are generally called Homeowner’s Associations, or “HOAs.”   Read the article………………………..

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