By Aldo Svaldi
“Colorado, starting July 1, will join nine other states that require community association managers to obtain a license and comply with a long list of rules.
The last big leap toward licensing happened this week, when the Colorado Division of Real Estate held a final rule-making session to iron out the details.
“I am anti-regulation down to my toenails, but this is something that needed to happen,” said Dee Wolfe, chair of the legislative committee of the Rocky Mountain Chapter of the Community Associations Institute. “What will come out of this are trained and professional managers.”
To obtain a license, managers must, among other things, pass a fingerprint-based criminal background check; pass a two-part exam showing they have expertise in community management and state homeowner association rules; and carry insurance. [read more]”