HOAs & Condos in Centennial, CO

146 registered communities in Centennial across Arapahoe County and 1 adjacent county. Mix: 52 condominium, 45 homeowners association, 31 unclassified entity, 12 townhome association, 6 property owners association. Median monthly HOA/condo fee in the county is $333.

Resale Certificate Compliance 12 disclosures required
CO
A common interest community in Centennial, CO is governed by C.R.S. §38-33.3-316 (Colorado Common Interest Ownership Act). Colorado law requires 12 specific disclosures when a unit is sold. The certificate must be delivered within 14 days of request.
  • Statement of unpaid assessments currently levied against the unit C.R.S. §38-33.3-316(8)
    The association shall furnish to a unit owner or such unit owner's designee or to a holder of a security interest or its designee upon written request, delivered personally or by certified mail, first-class postage prepaid, return receipt, to the association's registered agent, a written statement setting forth the amount of unpaid assessments currently levied against such owner's unit. The statement shall be furnished within fourteen calendar days after receipt of the request and is binding on the association, the executive board, and every unit owner. If no statement is furnished to the unit owner or holder of a security interest or his or her designee, delivered personally or by certified mail, first-class postage prepaid, return receipt requested, to the inquiring party, then the association shall have no right to assert a lien upon the unit for unpaid assessments which were due as of the date of the request. C.R.S. §38-33.3-316(8) · verified Oct 2026
  • Fiscal year commencement date C.R.S. §38-33.3-209.4(2)(a)
    The date on which its fiscal year commences; C.R.S. §38-33.3-209.4(2)(a) · verified Oct 2026
  • Current operating budget C.R.S. §38-33.3-209.4(2)(b)
    Its operating budget for the current fiscal year; C.R.S. §38-33.3-209.4(2)(b) · verified Oct 2026
  • Current assessments by unit type, including regular and special assessments C.R.S. §38-33.3-209.4(2)(c)
    A list, by unit type, of the association's current assessments, including both regular and special assessments; C.R.S. §38-33.3-209.4(2)(c) · verified Oct 2026
  • Annual financial statements with reserve amounts for preceding fiscal year C.R.S. §38-33.3-209.4(2)(d)
    Its annual financial statements, including any amounts held in reserve for the fiscal year immediately preceding the current annual disclosure; C.R.S. §38-33.3-209.4(2)(d) · verified Oct 2026
  • Most recent financial audit or review results C.R.S. §38-33.3-209.4(2)(e)
    The results of its most recent available financial audit or review; C.R.S. §38-33.3-209.4(2)(e) · verified Oct 2026
  • Insurance policies: company names, limits, deductibles, additional named insureds, expiration dates C.R.S. §38-33.3-209.4(2)(f)
    A list of all association insurance policies, including, but not limited to, property, general liability, association director and officer professional liability, and fidelity policies. Such list shall include the company names, policy limits, policy deductibles, additional named insureds, and expiration dates of the policies listed. C.R.S. §38-33.3-209.4(2)(f) · verified Oct 2026
  • Bylaws, articles of incorporation, rules and regulations C.R.S. §38-33.3-209.4(2)(g)
    All the association's bylaws, articles, and rules and regulations; C.R.S. §38-33.3-209.4(2)(g) · verified Oct 2026
  • Minutes of executive board and member meetings for the preceding fiscal year C.R.S. §38-33.3-209.4(2)(h)
    The minutes of the executive board and member meetings for the fiscal year immediately preceding the current annual disclosure; C.R.S. §38-33.3-209.4(2)(h) · verified Oct 2026
  • Responsible governance policies adopted per §209.5 C.R.S. §38-33.3-209.4(2)(i)
    The association's responsible governance policies adopted under section 38-33.3-209.5; and C.R.S. §38-33.3-209.4(2)(i) · verified Oct 2026
  • Fee schedule: transfer fees, record change fees, and status letter charges C.R.S. §38-33.3-317(1)(h.5)
    A list of the current amounts of all unique and extraordinary fees, assessments, and expenses that are chargeable by the association in connection with the purchase or sale of a unit and are not paid for through assessments, including transfer fees, record change fees, and the charge for a status letter or statement of assessments due; C.R.S. §38-33.3-317(1)(h.5) · verified Oct 2026
  • Reserve study policy (when prepared, funding plan, physical/financial analysis basis) C.R.S. §38-33.3-209.5(1)(b)(IX)
    When the association has a reserve study prepared for the portions of the community maintained, repaired, replaced, and improved by the association; whether there is a funding plan for any work recommended by the reserve study and, if so, the projected sources of funding for the work; and whether the reserve study is based on a physical analysis and financial analysis. For the purposes of this subparagraph (IX), an internally conducted reserve study shall be sufficient. C.R.S. §38-33.3-209.5(1)(b)(IX) · verified Oct 2026
Colorado does not cap RC preparation fees by statute. In CommunityPay, an association's manager, accounting firm, or staff generates the certificate from its books, with no per-certificate charge from CommunityPay.
654,201
County Population
Relatively Moderate
FEMA Risk Rating
$333
Median Monthly HOA Fee
$281 – $405
25th – 75th Percentile
FEMA National Risk Index v1.20. Fee data: U.S. Census ACS 2023 5-Year PUMS, weighted from 24,469 units.
Hail
Very High
$63,981,567/yr expected loss
Lightning
Very High
$4,026,802/yr expected loss
Tornado
Relatively High
$22,358,910/yr expected loss
Strong Wind
Relatively High
$3,717,697/yr expected loss
Inland Flooding
Relatively Moderate
$62,030,206/yr expected loss
Source: FEMA National Risk Index. Expected Annual Loss represents the modeled annualized cost of building damage and direct losses across the county, not a per-property figure.
K3 Enterprises, LLC Verified
29 community engagements · manages 34 associations nationally
The Nabo Group, LLC Dba Action Management, LLC Verified
14 community engagements · manages 22 associations nationally
Professional Community Services, LLC Verified
7 community engagements · manages 7 associations nationally
K3 Management Services Verified
5 community engagements · manages 5 associations nationally
Lakewood Realty Co. Verified
2 community engagements · manages 27 associations nationally
The Nabo Group LLC Verified
1 community engagement · manages 9 associations nationally
3.0 Management LLC Verified
1 community engagement · manages 26 associations nationally
"Verified" indicates a confirmed engagement with a community in Centennial. HQ-only entries are companies headquartered in Centennial with potential service area overlap.
146 Centennial communities operate under Colorado law. The primary governing statute is C.R.S. §38-33.3-101 — Short title. The short-title section for Article 33.3, establishing the Colorado Common Interest Ownership Act (CCIOA). CCIOA is the unified statute governing every common interest community in Colorado — HOAs, condominium associations, planned communities, and cooperatives — created on or after July 1, 1992. Certain provisions also apply retroactively to pre-1992 communities under §38-33.3-117. CCIOA is based on the Uniform Common Interest Ownership Act (UCIOA) promulgated by the Uniform Law Commission; Colorado did not adopt UCIOA Article 4 (purchaser protections) or Article 5 (administration and registration).
Name Type Formed
10th Avenue Townhouses Association, Inc. Townhome Association 2026
11111 West 8th Business Park Condominium Association, Inc. Condominium 2005
19TH HOLE TOWNHOMES ASSOCIATION, LTD. Townhome Association 1988
5454 Washington Owners Association Unclassified Entity 2006
551 PEARL STREET CONDOMINIUM ASSOCIATION, INC. Condominium 1982
7325 S. Pierce St. Condominiums Owners' Association Condominium 2021
985 CORONA STREET HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2000
ALGONQUIN ACRES OWNERS ASSOCIATION Unclassified Entity 1985
Alton Way Office Village Condominium Owners Association, Inc. Condominium 2008
ANTELOPE PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 1978
ARAPAHOE HIGHLANDS LOT 102 COMMUNITY ASSOCIATION, Unclassified Entity 1985
Aurora City Center Marketplace Commercial Condominiums Association, Inc. Condominium 2025
BAG FACTORY LOFTS OWNERS ASSOCIATION, INC. Unclassified Entity 2003
Bennett Crossing Filing 5 Homeowners Association, Inc Homeowners Association 2025
BERRY DRIVE HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1998
BLACK MOUNTAIN RANCHES OWNERS ASSOCIATION Unclassified Entity 1985
BRIAR RIDGE HOMEOWNERS ASSOCIATION Homeowners Association 1978
Bryant Street Center Condominium Association, Inc. Condominium 2007
CENTAUR VILLAGE NORTH, FILING NO. 8 HOMEOWNERS ASSOCIATION Homeowners Association 1993
Central Park Contour Townhomes Association, Inc. Townhome Association 2026
CHALLENGER PARK ESTATES HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1999
CHAPPARAL 480 HOMEOWNERS' ASSOCIATION Homeowners Association 1982
CHARDONNAY VILLAS HOMEOWNERS ASSOCIATION Homeowners Association 1998
CHARLINE PLACE CONDOMINIUMS ASSOCIATION, INC. Condominium 1995
CHERRY PARK II HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1998
CHERRY PARK OWNERS ASSOCIATION, INC. Unclassified Entity 1997
Cityscape Townhome Owners Association, Inc. Townhome Association 2006
CODY PARK PROPERTY OWNERS' ASSOCIATION, INC. Property Owners Association 1988
Colorado Homeownership Coalition Homeowners Association 2015
Commerce Center Circle Storage Condominium Owners, Inc. Condominium 2007
CONESTOGA COURT BUSINESS PARK CONDOMINIUM ASSOCIATION, INC. Condominium 2004
Country Club Villa Townhome Homeowners Association Townhome Association 2006
Easter Avenue Owners Association Inc. Unclassified Entity 2016
EDITION I AT CHERRY CREEK OWNERS ASSOCIATION, INC. Unclassified Entity 1984
FALCON RIDGE HOMEOWNER ASSOCIATION, INC. Unclassified Entity 1984
FARM AT ARAPAHOE COUNTY HOMEOWNERS' ASSOCIATION, INC. Homeowners Association 1998
FBC INDUSTRIAL CONDOMINIUMS OWNER ASSOCIATION Condominium 2012
FOREST PARK HOMEOWNER'S RECREATION ASSOCIATION Unclassified Entity 1977
FOUNDERS VILLAGE, FILINGS NO. 11 AND NO. 12 HOMEOWNERSASSOCIATION, INC. Homeowners Association 1987
Foxridge Place Homeowners Association, Inc Homeowners Association 2011
GAYLORD PLACE CONDOMINIUM OWNERS ASSOCIATION, INC. Condominium 2000
GENESEE VILLAGE PINWHEEL CLUSTERS HOMEOWNERS ASSOCIATION Homeowners Association 1988
GLENN OAKS TOWNHOUSE OWNERS' ASSOCIATION, INC. Townhome Association 1974
GRANDVIEW AT ERIE TOWNHOME OWNERS ASSOCIATION, INC. Townhome Association 2001
GRANDVIEW II TOWNHOME ASSOCIATION Townhome Association 1995
Grand Vue at Interlocken Community Association, Inc. Unclassified Entity 2022
Grand Vue at Interlocken Condominium Association, Inc. Condominium 2023
Grant Plaza Homeowners Association, Inc. Homeowners Association 2006
Greenwood South Homeowners Association Homeowners Association 2004
Hangman's Gulch Storage Condominium Owners, Inc. Condominium 2019
HARRISON COURT HOMEOWNER'S ASSOCIATION Unclassified Entity 1982
Harrison Place Homeowners Association, Inc. Homeowners Association 2007
HIGH TOR CONDOMINIUM ASSOCIATION Condominium 1966
HILLCREST AT THE FARM OWNERS ASSOCIATION, INC. Unclassified Entity 2000
HILLSIDE VILLAGES HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1994
HILLTOP TERRACE HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1988
HOLLY PROFESSIONAL CENTER CONDOMINIUM ASSOCIATION Condominium 2003
HOMESTEAD AT WILLOWS END HOMEOWNERS ASSOCIATION Homeowners Association 1988
HOMESTEAD IN THE WILLOWS HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1974
HOMESTEAD PROFESSIONAL CONDOMINIUM ASSOCIATION Condominium 2001
Indigo Creek Condominium Association, Inc. Condominium 2004
IOTA CONDOMINIUM ASSOCIATION Condominium 1972
KEYSTONE ESTATES OWNERS ASSOCIATION, INC. Unclassified Entity 1998
LAFAYETTE TOWERS WEST OWNERS ASSOCIATION Unclassified Entity 1977
LAREDO BUSINESS PARK CONDOMINIUM ASSOCIATION, INC. Condominium 2004
Lofts at Belmar Square Homeowners Association, Inc. Homeowners Association 2005
LOFT VILLAGE HOMEOWNERS ASSOCIATION Homeowners Association 1986
Lombard Gate Homeowners Association, Inc. Homeowners Association 2005
Lookout Village Condominium Association Condominium 2011
MADISON PARK HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1989
MEADOW HILLS II CONDOMINIUM ASSOCIATION, INC. Condominium 1983
MIE Business Condominium II at the Ridge at SouthPark Owners Association, Inc. Condominium 2005
MIRAVISTA HOMEOWNERS ASSOCIATION Homeowners Association 1994
NORFOLK PARK CENTRE II-G CONDOMINIUM ASSOCIATION, INC. Condominium 2002
NORFOLK PARK CENTRE II-H CONDOMINIUM ASSOCIATION, INC. Condominium 2002
NORTH KEARNEY HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2002
Oakridge Crossing Condominium Owners' Association, Inc. Condominium 2020
OGDEN TRACE TOWNHOME ASSOCIATION Townhome Association 1998
ORCHARD DRIVE HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2001
Orchard Estates Homeowner's Association, Inc. Unclassified Entity 2013
ORCHARD MEADOWS HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1992
Outskirts Hideaway Homeowners Association Homeowners Association 2019
Overland Ranch Community Association Unclassified Entity 2024
OWNERS ASSOCIATION OF THE BELLA VISTA VILLAS, INC. Unclassified Entity 1997
Pennsylvania Park Condominium Association, Inc. Condominium 1997
PINEY CREEK RANCHES HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2003
Pond View Ridge Condominiums Owners' Association Condominium 2005
PRINCE STREET ESTATES HOMEOWNER'S ASSOCIATION, INC. Unclassified Entity 1994
REUNION VILLAGE OFFICE PLAZA CONDOMINIUMS, INC. Condominium 2010
RIVERTREE ESTATES OWNERS ASSOCIATION, A COLORADO NONPROFIT CORPORATION Unclassified Entity 2001
ROBINWOOD CONDOMINIUM ASSOCIATION, INC. Condominium 1981
SADDLE RIDGE CONDOMINIUM OWNERS ASSOCIATION, INC. Condominium 2002
SADDLE ROCK RANCHES HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1988
SHADOW HILLS CONDOMINIUM ASSOCIATION, INC. Condominium 1983
Sherman Flats Homeowners Association, Inc. Homeowners Association 2007
Sherman Terrace Condominiums Condominium 2007
Sleeper Homes Townhome Owners' Association Townhome Association 2017
Solterra Home Owners Association, Inc. Homeowners Association 2008
South University Professional Suites Condominium Association, Inc. Condominium 2005
STANFORD HILLS MASTER HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2000
STERLING POINTE HOMEOWNER'S ASSOCIATION INC. OF AURORA Unclassified Entity 2003
STEVENS SCHOOL CONDOMINIUM ASSOCIATION Condominium 1995
St. John's Gardens on 5th Avenue Homeowners Association Homeowners Association 2010
STONEGATE VILLAGE OWNERS ASSOCIATION INC. Unclassified Entity 1985
STONEY BROOK SOUTH HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1981
Strawberry Hill Office Park Owners Association Unclassified Entity 2007
STROH RANCH COMMUNITY ASSOCIATION, INC. Unclassified Entity 1988
SUN MOUNTAIN PROPERTY OWNERS ASSOCIATION Property Owners Association 1984
Sunrise Ridge Subdivision Homeowner's Association, Inc. Unclassified Entity 2010
SUPREME COMMONS OFFICEOWNERS ASSOCIATION, INC. Unclassified Entity 1985
THE 44TH STORAGE CONDOMINIUM ASSOCIATION Condominium 2001
THE ABINGTON CONDOMINIUM ASSOCIATION, INC. Condominium 2001
THE ARRIVAL CENTRE HANGAR CONDOMINIUM ASSOCIATION, INC. Condominium 1999
THE ATRIUM AT HOMESTEAD OWNERS ASSOCIATION, INC. Unclassified Entity 1999
THE BLUFFS AT SEVEN HILLS HOMEOWNERS ASSOCIATION Homeowners Association 1994
THE CHURCHILL AND CHATFIELD CONDOMINIUMS HOMEOWNER'S ASSOCIATION, INC. Condominium 1998
THE CLOISTERS CONDOMINIUM ASSOCIATION, INC. Condominium 1978
THE GLENN OAKS CONDOMINIUMS ASSOCIATION, INC. Condominium 1979
THE HEIGHTS AT CHERRY CREEK OWNERS ASSOCIATION, INC. Unclassified Entity 2000
THE HILLSIDE COMMERCIAL CONDOMINIUM ASSOCIATION, INC. Condominium 2002
THE KNOLLS HOMEOWNERS ASSOCIATION Homeowners Association 1970
THE KNOLLS VILLAGE TOWNHOUSE ASSOCIATION Townhome Association 1976
The Ledges Owners Association, Inc. Unclassified Entity 2006
THE LEFT BANK CONDOMINIUM ASSOCIATION, INC. Condominium 1972
THE PINE RIDGE RANCH OWNERS ASSOCIATION Unclassified Entity 1994
The Wheatley Property Owners Association, Inc. Property Owners Association 2016
Thirteen Forty-Nine Race Condominium Association, Inc Condominium 1979
TIFFANY HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1979
TMV RETAIL II OWNERS ASSOCIATION Unclassified Entity 2006
TROPHY CLUB AT FOXRIDGE WEST HOMEOWNERS ASSOCIATION Homeowners Association 1990
TWIN RIVERS CONDOMINIUM OWNERS ASSOCIATION Condominium 2002
UNIVERSITY COURT CONDOMINIUMS AT COUNTRY PARK CONDOMINIUM ASSOCIATION Condominium 1998
University Professional Building Condominium Association, Inc. Condominium 2006
VALLEY CLUB ACRES HOMEOWNERS ASSOCIATION Homeowners Association 1981
VERDELAIS HOMEOWNERS ASSOCIATION Homeowners Association 1997
VILLA DEL SOL TOWNHOMES HOMEOWNERS ASSOCIATION, INC. Townhome Association 2002
Villas at Vallagio III Condominium Association, Inc. Condominium 2010
WADSWORTH 4045 CONDOMINIUM ASSOCIATION, INC. Condominium 2001
WASHINGTON COURT I CONDOMINIUM ASSOCIATION, INC. Condominium 1997
WASHINGTON COURT II CONDOMINIUM ASSOCIATION, INC. Condominium 1998
WELTON URBAN LIVING HOMEOWNERS' ASSOCIATION, INC. Homeowners Association 2000
Westwood Crossing Condominium Owners' Association, Inc. Condominium 2018
WILLOW SPRINGS BLOCK 3 PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 1985
WILLOW SPRINGS BLOCK 4 PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 1989
WILLOW TRACE HOMEOWNERS ASSOCIATION Homeowners Association 2001
Wonderland at City Park South Condominium Association Condominium 2005
Institutional Reference

Reserve study standards in Colorado

Statutory requirements, board preparation checklist, the components a professional study covers, and the useful-life ranges that drive thirty-year funding plans. Generic reference. Not a substitute for a study calibrated to a specific association.

Colorado does not currently encode a fixed reserve-study cadence in statute. The discipline still applies. Industry standard across the United States is below.

  • Update the component register annually as assets are added, replaced, or retired.
  • Commission a professional reserve study every three to five years. Update it when the component register changes materially.
  • Maintain a thirty-year capital plan with explicit annual funding contributions tied to the study.
  • Keep reserve funds segregated from operating cash. Disclose funding status in the annual budget.
  • Document the board-approved funding policy — percent-funded, threshold, or baseline — in board minutes.

CommunityPay maintains a Reserve Funding Status Report (RSR) generator tied to the live ledger. It is a status report, not a substitute for a professional study with on-site inspection.

What a board should have organized before commissioning a reserve study, and what a study delivers back. Use this list to evaluate whether the association is ready, regardless of state.

  1. Component register Every asset the association is responsible for maintaining — roofs, asphalt, mechanical systems, plumbing risers, elevators, amenities. Freeze a current version before the study.
  2. Condition assessments Last inspection reports, photographs, observed wear, recent repairs. The analyst calibrates useful-life estimates against this evidence.
  3. Useful-life and replacement-cost estimates Per component, calibrated to local climate, construction, and use intensity. A study produces these; the board verifies them.
  4. Thirty-year capital plan When each component reaches end-of-life and what replacement will cost in nominal dollars at that year.
  5. Funding plan Percent-funded, threshold, or baseline approach with an explicit annual contribution. The board approves; the study models outcomes.
  6. Current reserve fund balance Separated from operating cash. Ideally in interest-bearing accounts with FDIC coverage on the full balance.
  7. Annual budget tied to the funding plan Reserve contribution as an explicit budget line, traceable to the study and the funding policy.
  8. Most recent reserve study Full study, update, or interim review. Author credentials and date of the most recent on-site inspection.
  9. Insurance schedule Replacement-cost coverage on insured components. Deductibles that may draw against reserves in a loss.
  10. Board minutes referencing reserve decisions Special assessments, deferred maintenance, funding-policy changes, scope deviations from the study.

Categories most reserve studies cover. The specific components depend on the association. High-rise condos track far more than single-family HOAs. Gated communities track infrastructure that condos never see.

Roofing & Exterior

Asphalt shingle, metal, tile, or flat membrane roofs. Siding (wood, fiber cement, stucco, vinyl). Exterior paint. Soffits and fascia. Gutters and downspouts. Decks and balconies. Railings. Window and door frames in common areas.

Mechanical

HVAC chillers and cooling towers. Boilers and water heaters. Ventilation. Pumps. Fire suppression and sprinkler systems. Emergency generators. Elevators — cabs, controllers, jacks, and modernizations.

Site Work

Parking lots: seal coat, overlay, full reconstruction. Concrete sidewalks and curbs. Site lighting. Storm drainage. Retaining walls. Fencing. Entry gates and signage.

Plumbing & Electrical

Main water lines and risers. Sanitary and storm sewer lines. Backflow preventers. Common-area electrical panels and switchgear. Transformer pads. Distribution.

Amenities

Pools, spas, and pool equipment. Clubhouse interiors. Fitness rooms. Playgrounds. Tennis and pickleball courts. Mailbox kiosks. Trash enclosures and dumpster pads.

Safety & Code

Fire alarm panels. Emergency lighting. Smoke detectors in common areas. Fire-rated doors. Structural fireproofing. Sprinkler heads and inspection-required components.

A mid-size HOA typically tracks thirty to eighty components. A high-rise condo tracks two hundred or more. The categories above are illustrative. A professional reserve study identifies the components a specific association is responsible for.

Typical useful-life ranges for components common in reserve studies. Industry averages, not specific to any state, climate, or association. A professional study calibrates these to local conditions, construction quality, maintenance practice, and use intensity.

Component Typical useful life
Asphalt shingle roof20–25 years
Metal roof40–50 years
Tile or slate roof50+ years
Flat membrane roof (TPO/EPDM)15–25 years
Wood siding20–30 years
Fiber cement siding30–50 years
Stucco50+ years
Exterior paint cycle7–10 years
Gutters and downspouts20–30 years
Wood deck, pressure-treated15–20 years
Composite deck25–30 years
Asphalt parking — seal coat3–5 years
Asphalt parking — overlay12–15 years
Asphalt parking — reconstruction25–30 years
Concrete sidewalks and curbs30–50 years
Site lighting (poles, fixtures)20–30 years
Wood fencing15–25 years
Pool plaster10–15 years
Pool pump and filter7–10 years
HVAC rooftop unit15–20 years
Boiler25–30 years
Commercial water heater10–15 years
Fire alarm panel20–25 years
Elevator cab finishes15–20 years
Elevator modernization25–30 years
Carpet, clubhouse7–10 years
Playground equipment10–15 years

Ranges synthesized from common professional reserve-study references and U.S. building-component literature. Verify against a study performed by a credentialed reserve specialist (RS, PRA, or equivalent) before relying on any figure for funding decisions.

Related tools
  • Reserve Health Check → Free. Inputs reserve balance, annual contribution, building age, and components; returns a grade with the math shown. No signup required to view results.
Institutional Reference

Meeting requirements in Colorado

Statutory floors for owner and board meetings — notice periods, delivery rules, quorum, voting, written consent, and record retention. Generic reference. Specific bylaws or declarations may impose tighter requirements; statutes set the minimum.

Colorado statute does not currently encode specific board or owner meeting notice periods in the corpus. The discipline still applies. Industry standard is below.

  • Provide at least 10 days advance notice for board meetings.
  • Provide 14–30 days advance notice for annual or special owner meetings.
  • Hold at least one annual meeting of the membership each year.
  • Keep all board meetings open to owners in good standing; reserve executive session for narrow purposes.
  • Define a quorum threshold in the bylaws and apply it consistently.

CommunityPay maintains a Board Meeting Packet generator that produces a state-aware agenda, draft minutes template, and compliance checklist for the board pack.

How meeting notice must be delivered, what it must contain, and what defects invalidate the notice. Statutes vary in mechanics; the principles are consistent.

  1. Delivery method First-class mail or hand-delivery to the address on file with the association is the universal default. Most states permit electronic delivery only with the owner's written consent. A posted notice on a community bulletin board is not, by itself, sufficient.
  2. Address on file The association is entitled to rely on the address each owner has provided. The owner bears the burden of keeping it current. The board must maintain a registered address list.
  3. Required content Date, time, location (or remote-access link), and an agenda. Material to be voted on — budget, special assessments, rule changes — must be identified specifically. "Other business" is not a substitute for an item.
  4. Notice period start The notice period typically runs from the date of mailing or hand-delivery, not the date of receipt. Some states count both the notice date and the meeting date; others exclude one or both. Confirm the rule.
  5. Remote participation When the association offers remote attendance, the notice must include the access information and any limitations (e.g., audio-only, no chat). Recording rules vary by state.
  6. Defective notice consequences Material defects invalidate actions taken at the meeting. Minor defects (typo in location, slightly late mailing) may be cured by attendance and waiver. Document the cure in the minutes.
  7. Emergency notice Statutes typically permit shortened notice for genuine emergencies (imminent physical harm, immediate financial loss). The board must document the emergency basis in the minutes.

Full notice requirements appear in C.R.S. §38-33.3-101 and the specific subsections cited in the Requirements tab.

Quorum sets the floor for a valid meeting. Voting mechanics — proxies, ballots, written consent — determine how votes are counted once the quorum is established.

Quorum

Statute sets the default at 20% of allocated interests unless the governing documents specify a different threshold.

Proxies

Most states permit proxies for owner meetings. The proxy must be written, dated, and signed; many states require revocation rights and an explicit scope (general or limited). Proxies do not extend to board meetings — directors must vote in person or by permitted remote means.

Written consent

Action without a meeting requires unanimous written consent in most jurisdictions, though some states permit a lower threshold for narrow categories (uncontested matters, ratification). Document the consent in the corporate records, indexed to the action taken.

Ballots

Secret-ballot procedures, double-envelope requirements, and inspector-of-elections rules apply in states with comprehensive election statutes. Director elections, recall votes, and assessment increases above a statutory threshold typically require secret-ballot procedure.

Cumulative voting

Available only when explicitly authorized by the declaration or bylaws. Otherwise straight voting applies — each membership casts one vote per open seat per candidate, with no concentration permitted.

Member in good standing

Voting rights may be suspended for delinquent accounts in some jurisdictions. Suspension typically requires due-process notice and an opportunity to cure. Statutes vary; the bylaws must align.

Voting and quorum procedures are codified in C.R.S. §38-33.3-101 and applicable subsections. Specific procedures may be modified in the declaration and bylaws within statutory limits.

Minutes are the corporate record of the meeting. Statutes in every state require associations to maintain meeting minutes and make them available to owners on request. Retention periods and access rules vary.

  1. What minutes must contain Date, time, location. Directors and officers present. Quorum determination. Motions made, seconded, and the vote count. Substantive board actions and adopted resolutions. Executive-session minutes kept separately; the open-session minutes record only that a closed session occurred.
  2. Retention period Colorado requires retention for at least 3 years. Reserve studies, declarations, amendments, and assessments — permanent.
  3. Owner inspection rights Colorado requires the association to respond within 30 days of a written request.
  4. Approval process Draft minutes are circulated to the board, corrected, and approved at the next regular meeting. Approved minutes become the official record. Corrections after approval require a noted amendment, not silent edits.
  5. Permanent records Declaration, bylaws, articles of incorporation, rule books, amendments, and the minute book are permanent records. The association cannot dispose of them on any retention schedule.
  6. Resale disclosure Recent board and owner meeting minutes are typically required attachments to a resale certificate. The standard window is the last 12 months; some statutes extend to 24 months for amendments.
  7. Executive session Closed-session minutes record matters discussed but typically remain confidential from the general membership. Specific votes taken in closed session may need to be reported in the open-session minutes.

Records retention and inspection rights are codified in C.R.S. §38-33.3-101 and related subsections. A records-request response that misses the statutory deadline may expose the association to a per-day penalty.

Related tools
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Download the Colorado HOA & Condo Compliance Checklist

One PDF — every active Colorado statute we track, statutory fee caps and time limits, recent legal changes from the last 12 months, and the resale-certificate disclosure profile. Built from CommunityPay's living legal corpus, the same data that drives our resale certificates, reserve reports, and CARI scoring.

  • Statutory fee caps and time limits (resale, late fees, lien priority)
  • Recent law changes with effective dates
  • Resale & estoppel disclosure profile, item by item
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Data sourced from Colorado Secretary of State public registrations, FEMA National Risk Index, U.S. Census Bureau, and CommunityPay's management company graph.
United States Payments and Accounting Governance Infrastructure for Community Associations
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