HB 24-1233

House Bill 24-1233 updates the rules for homeowners' associations (HOAs) when dealing with residents who are behind on their payments. It removes the requirement for HOAs to physically post notices of delinquency and allows them to contact residents via phone instead of just certified mail. The bill also lets HOAs charge residents for the cost of sending important documents by certified mail. This new law will take effect on August 7, 2024, after being signed by the governor. It affects both regular homeowners and time-share owners who are not living in their units full-time.

Official Summary

House Bill 22-1137, concerning practices of unit owners' associations, imposed a number of procedural requirements on unit owners' associations (HOAs) with respect to collecting payments from unit owners with delinquent accounts. The act changes some of these procedural requirements by: Removing a requirement that an HOA physically post notice of a unit owner's delinquent account on the unit owner's unit; In addition to sending notice by certified mail, requiring an HOA to contact a unit owner or designated contact by 2, rather than one, of certain described means; Authorizing an HOA to contact a unit owner or designated contact via telephone call to a telephone number that the HOA has on file for the unit owner or the unit owner's designated contact; and Allowing an HOA to charge a unit owner for the cost of sending notices or documentation by certified mail. The act also exempts time share units that are not occupied on a full-time basis from some of the procedural requirements imposed by House Bill 22-1137. APPROVED by Governor June 3, 2024 EFFECTIVE August 7, 2024(Note: This summary applies to this bill as enacted.)

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