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June 1, 2013

Bill Summary.  The bill requires the licensure of community association managers, management company executives and supervisors of managers.

Effective Dates.  The bill will go into effect on January 1, 2015.  Managers and management company executives will not be required to hold a license until July 1, 2015  The bill was signed by the Governor on May 28, 2013.

Highlights.   

Rules Governing Managers, CEO's and Supervisors of Managers.  Rules governing who is a manager, and the requirements for licensing, are to be developed.  Licenses are required as of July 1, 2015.  

"Manager" Defined.  The bill defines a HOA manager (referred to in the bill as "Community Association Manager" or "Manager") as:

Expectations for HB 1277.  HB 1277 – Governor Hickenlooper signed the bill into law on May 28, 2013.

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