Public disclosures required - identity of association - agent - manager - contact information
The CCIOA public-disclosures statute. Subsection (1) requires identifying information about the association and management company within 90 days after declarant turnover. Subsection (2) requires that, within 90 days after turnover and after the close of every fiscal year, the association make available the annual disclosure package: fiscal year date, operating budget, assessment list by unit type, financial statements with reserve amounts, audit or review results, insurance summary, governing documents, meeting minutes, and the §209.5 responsible governance policies. Subsection (3) permits any of three delivery methods (web posting with notice, literature table, or mail/personal delivery). The CO RC profile required_items map directly to the §209.4(2)(a)-(i) enumeration.
Every Colorado HOA must publish, every year, the current regular and special assessment amounts broken out by unit type. Owners (and prospective buyers reviewing a status letter) get a clear picture of the assessment regime, including any unit-type variation.
Financial
Ref
Requirement
(2)(a)
Every Colorado HOA must publish, every year, when its fiscal year starts. This anchors all other annual disclosures (budget, financial statements, assessment list) to a consistent reporting period.
(2)(b)
The current fiscal year's operating budget is one of the nine items the association must make available every year. Owners can see what the board has budgeted for operations before they ask whether assessments are appropriately set.
(2)(d)
Annual financial statements must be available, and they must show the reserve balance for the preceding fiscal year. This combines income/expense reporting with reserve transparency.
(2)(e)
If the HOA has had an audit or review prepared, those results must be made available each year as part of the annual disclosure package. Whether an audit or review is required depends on revenue thresholds and owner request rates under §303(4)(b).
Governance
Ref
Requirement
(1)
After the developer turns the HOA over to owners, the association has 90 days to publish basic identity and contact information. Any later change (new management company, new physical address) requires another 90-day update window.
(2)(f)
Owners receive a detailed insurance summary each year — carrier, limits, deductibles, additional insureds, expirations. Title companies and lenders rely heavily on this disclosure for closings.
(2)(g)
The full set of governing documents — bylaws, articles of incorporation, rules and regulations — must be available to owners annually. This is in addition to the declaration, which is recorded in the public real-estate records.
(2)(h)
A full year of board and unit-owner meeting minutes must be available each year. Owners can see what decisions were made, when, and by whom — important for evaluating governance quality before a purchase.
(2)(i)
The association's nine mandatory governance policies under §209.5 must be available each year as part of the annual disclosure package. These cover collection practices, fines, records, reserves, and dispute resolution — the operational rules every buyer should review.
(3)
The association has flexibility in how it makes the annual disclosure package available — website (with email or mail notice of the address), an in-office literature table, or direct mail/personal delivery. Distribution cost is a common expense.
Legal references last verified May 24, 2026.
This content is educational and informational. It does not constitute legal advice.
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