Stetson Ridge Townhome Owners Association, Inc.

Colorado Springs, Colorado
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Public record Verified Geography Verified Statute coverage Profile available Contacts Unclaimed Agent of record Priority Property Management Llc.

Governed by C.R.S. §38-33.3 (Colorado Common Interest Ownership Act). Colorado grants HOA assessment liens a 6-month super-priority window over a first mortgage under C.R.S. §38-33.3-316(2). Registered as a townhome association in El Paso County, Colorado, in 2006. Priority Property Management Llc., the management company on file, is agent of record for 8 Colorado associations.

Community Profile
Agent of Record Priority Property Management Llc.
CO
Priority Property Management Llc., the management company on file, is agent of record for 8 Colorado associations. Stetson Ridge Townhome Owners Association, Inc. does not use CommunityPay, so we cannot provide its resale certificate. Ask the association's board or its management company, Priority Property Management Llc..
Agent of record Priority Property Management Llc.
Relationship Management company
Agent of record for 8 Colorado associations
Registration 20061165888
Source Colorado Secretary of State
Statutory clock 14 days · C.R.S. §38-33.3-316
Priority Property Management Llc. portfolio →  ·  Board or manager? Claim this page →
Resale Certificate Compliance 12 disclosures required
CO
This townhome association 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
Industry incumbents (HomeWiseDocs, CondoCerts) charge residents $250–$400 per resale certificate. Colorado does not cap RC preparation fees by statute. With CommunityPay, the board issues the certificate directly from live ledger data — eliminating the third-party fee entirely. Residents typically save $250–$400 per closing.
None of these items are confirmed for Stetson Ridge Townhome Owners Association, Inc.. Set up this community on CommunityPay to track compliance and generate resale certificates from live ledger data.
Colorado Law That Applies CCIOA (C.R.S. §38-33.3-101 et seq.)
Governing act CCIOA (C.R.S. §38-33.3-101 et seq.)
Resale certificate 12 disclosures · 14 days · C.R.S. §38-33.3-316
Assessment lien super-priority 6 months
Colorado statutes, court decisions, and law changes →  ·  Statutory thresholds →  ·  All Colorado associations →
Registration Details Townhome Association · Est. 2006 · Active
Type Townhome Association
Governing Statute CCIOA (C.R.S. §38-33.3-101 et seq.)
State Colorado
City Colorado Springs
ZIP 80903
County El Paso
Registration Colorado Secretary of State · 20061165888
Record CP-135941
Formed April 19, 2006
Status Active
Area HOA Fees El Paso County median $248/mo
Median Monthly Fee $248
Average Monthly Fee $258
Typical Range $156 – $323
Units Paying Fees 12,358
Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates (PUMS). El Paso County, CO.
Natural Hazard Exposure El Paso County
Relatively Moderate
Winter Weather Very High
Wildfire Relatively High
Hail Relatively High
Lightning Very High
Tornado Relatively High
Social Vulnerability Very Low
Community Resilience Relatively Moderate
Expected Annual Loss $212,634,040
Source: FEMA National Risk Index v1.20, El Paso County, CO
Applicable Laws 19 Colorado statutes
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 …
Applicability to new common interest communities The forward applicability section for CCIOA. Establishes that the article governs common interest communities created in Colorado on or after July 1, 1992, subject to the exceptions in §38-33.3-116. Read together with §38-33.3-117, which governs the reverse case, these two sections are what make a Colorado association's governing statute a function of its creation date rather than of its type …
Applicability to preexisting common interest communities Defines which CCIOA provisions apply retroactively to common interest communities created in Colorado before July 1, 1992. Subsection (1) applies foundational provisions (definitions, construction rules, the assessment lien at §316, the records statute at §317 as of 2006, and others) to all pre-1992 communities for events occurring on or after July 1, 1992. Subsection (1.5) extends the public-disclosures regime (§§209.4–209.7), …
Enforcement - limitation The CCIOA enforcement and fee-recovery section. Subsection (1)(a) lets an association recover actual collection costs, reasonable attorney fees, and other actual costs for unpaid assessments without commencing a legal proceeding, and caps the recoverable attorney fees at five thousand dollars or fifty percent of the assessments and money owed, whichever is less. Subsection (1)(b) applies a parallel cap to non-assessment …
Public disclosures required - identity of association - agent - manager - contact information The CCIOA public-disclosures statute. Subsection (1) requires identifying information about the association and management company within 90 days after declarant turnover. Subsection (2) requires that, within 90 days after turnover and after the close of every fiscal year, the association make available the annual disclosure package: fiscal year date, operating budget, assessment list by unit type, financial statements with reserve …
Responsible governance policies - due process for imposition of fines - procedure for collection of delinquent accounts - enforcement through small claims court - definitions The CCIOA "responsible governance" statute. Subsection (1) requires every association to maintain accurate accounting records and to adopt nine specific policies: collection of unpaid assessments; conflict of interest; conduct of meetings; covenant and rule enforcement (including notice/hearing and a fine schedule); inspection and copying of records; investment of reserve funds; adoption and amendment of policies; dispute resolution; and reserve study …
Powers of unit owners' association Enumerates the powers of a Colorado common interest community association. Includes the power to adopt budgets, levy and collect assessments, hire managers, contract, regulate use of common elements (subject to §302.5 owner-access protections), impose late charges and (after notice and hearing) reasonable fines, impose reasonable charges for amendment recordation and statements of unpaid assessments, indemnify board members and carry D&O …
Executive board members and officers - powers and duties - reserve funds - reserve study - audit Governs the composition, powers, fiduciary standards, declarant-control transition, and budget-and-audit process of the Colorado HOA/condo executive board. Subsection (1) gives the board residual authority to act on behalf of the association and entitles every board member to all association information. Subsection (2) imposes a fiduciary duty on declarant-appointed board members and a wanton-and-willful-acts-only liability standard for owner-elected board members. Subsection …
Meetings Sets meeting and notice rules for both unit-owner meetings and executive board meetings. Subsection (1) requires annual unit-owner meetings; special meetings may be called by the president, by majority of the board, or by owners holding 20% (or any lower percentage in the bylaws). Notice must be hand-delivered or sent by US mail not less than 10 nor more than …
Quorums Default quorum rules under CCIOA. Unit-owner meeting quorum is 20% of votes (10% for associations with more than 1,000 unit owners), unless the bylaws provide otherwise. Board meeting quorum is 50% of the votes on the board, unless the bylaws specify a larger percentage. Both apply at the beginning of the meeting; once present, the quorum is deemed present throughout.
Voting - proxies Governs how unit owners cast votes in association elections and on association matters. Subsection (1) covers multi-owner unit voting and requires secret ballots for contested board positions (and on demand by 20% of owners for any matter affecting the community). Subsection (2) authorizes proxies — written, dated, and revocable; void if undated or purportedly irrevocable; terminating 11 months after date …
Tort and contract liability Sets the framework for tort and contract liability of a Colorado common interest community association. Actions alleging association acts or omissions must be brought against the association, not against any unit owner. Where the act or omission occurred during a period of declarant control and the association gives the declarant reasonable notice and an opportunity to defend, the controlling declarant …
Insurance Establishes the mandatory insurance coverage every Colorado HOA/condo/cooperative must maintain. Subsection (1)(a) requires property insurance on the common elements at full insurable replacement cost (less applicable deductibles); subsection (1)(b) requires commercial general liability covering ownership/management of common elements (and, in cooperatives, of all units). Subsection (2) addresses building coverage in cooperatives and condominiums with horizontal-boundary units. Subsection (3) requires prompt …
Assessments for common expenses Authorizes the executive board to levy assessments for common expenses. Until the association makes its first common-expense assessment, the declarant pays all common expenses. After the first assessment, common expenses are assessed against all units in accordance with the declaration''s allocation formula (subject to §38-33.3-207(1) and (2)). Per HB 22-1137 (2022), past-due common-expense assessments bear interest at the rate set …
Lien for assessments - liens for fines, fees, charges, costs, and attorney fees - limitations - definition The Colorado HOA assessment lien statute. Subsection (1) creates a statutory lien on every unit for any assessment levied against the unit; fees, fines, late charges, interest, and similar charges may be subject to the lien but are NOT subject to foreclosure under Article 33.3. Subsection (2) gives the lien six-month super-priority status — six months of common-expense assessments prime …
Collections - limitations - violations The CCIOA collection-limitations statute, substantially expanded by HB 22-1137 (2022) and HB 24-1337 (2024). Subsection (1) requires associations (and any holder or assignee of association debt) to adopt and comply with a collections policy meeting the §209.5(5) requirements and to make a good-faith effort to coordinate a payment plan. Subsection (2) requires payment plans to allow repayment over at least …
Association records - rules - timely transfer of association money and records to new management company or the association - penalty - civil action - damages - attorney fees Establishes the rights of unit owners to inspect and copy association records, and lists the records the association must maintain in addition to those required by §38-33.3-209.4(2). Required records include detailed receipts and expenditures, construction-defect claim records, meeting minutes, written communications and votes outside meetings, unit-owner roster with addresses and vote counts, the declaration and other governing documents and responsible …
Redemption by lienor - procedure - definition The general lienor redemption procedure for foreclosure sales, amended by HB 24-1337 (2024) to carry a separate track for association liens. Where the lien foreclosed is a unit association lien, an alternate lienor under §38-38-305.5 may redeem no sooner than thirty-five days and no later than one hundred eighty days after the sale, by paying the sale amount with interest …
Persons considered as lienors - redemption of property Added in its entirety by HB 24-1337 (2024), effective August 7, 2024. The section creates a class of "alternate lienors" who may redeem property sold at an association lien foreclosure without holding a lien amount, and ranks them: the former unit owner first, then a tenant whose unrecorded tenancy predates the lis pendens, then a nonprofit whose primary purpose is …
Source: Colorado state legislature. Statutes verified by CommunityPay. Last verified Sept. 2026.
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Community data is sourced from Colorado Secretary of State public registrations. Natural hazard data is from the FEMA National Risk Index (county-level, v1.20). CommunityPay does not claim a relationship with Stetson Ridge Townhome Owners Association, Inc. unless explicitly stated.
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