UCIOA Updated
The Colorado Common Interest Ownership Act (CCIOA) is based upon the Uniform Common Interest Ownership Act (UCIOA). UCIOA was recently adopted by the American Bar Association House of Delegates. The 2008 Uniform Common Interest Ownership Act attempts to resolve a number of concerns related to the operation and management of common interest communities. Generally, states that have acts based on uniform statutes will consider modifications once the uniform act is updated. That may mean that CCIOA could be substantially overhauled in the near future. In anticipation of that, if you have any specific concerns about CCIOA provisions or there are things you would like to see added to CCIOA please let me know as we hope to be actively involved in any rewrite of CCIOA.