HOAs & Condos in Durango, CO

318 registered communities in Durango across La Plata County. Mix: 86 homeowners association, 80 condominium, 57 townhome association, 48 unclassified entity, 47 property owners association. Median monthly HOA/condo fee in the county is $359.

Resale Certificate Compliance 12 disclosures required
CO
A common interest community in Durango, 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.
55,533
County Population
Relatively Low
FEMA Risk Rating
$359
Median Monthly HOA Fee
$236 – $478
25th – 75th Percentile
FEMA National Risk Index v1.20. Fee data: U.S. Census ACS 2023 5-Year PUMS, weighted from 625 units.
Wildfire
Relatively Moderate
$10,688,877/yr expected loss
Avalanche
Relatively High
$1,818,728/yr expected loss
Landslide
Relatively Moderate
$50,935/yr expected loss
Lightning
Relatively High
$1,088,293/yr expected loss
Inland Flooding
Relatively Moderate
$24,293,238/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.
Durango Property Management, Inc. Verified
43 community engagements · manages 43 associations nationally
Arem HOA & Property Management LLC Verified
13 community engagements · manages 13 associations nationally
Harmony Real Estate LLC Verified
11 community engagements · manages 11 associations nationally
Reliance Management LLC Verified
8 community engagements · manages 8 associations nationally
"Verified" indicates a confirmed engagement with a community in Durango. HQ-only entries are companies headquartered in Durango with potential service area overlap.
318 Durango 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
190 Turner Drive Condominium Owners Association, Inc. Condominium 2007
1st Street Townhome Owners Association Townhome Association 2012
2253 WEST THIRD AVENUE CONDOMINIUM OWNERS, INC. Condominium 1979
30th @ Main Owners Association, Inc. Unclassified Entity 2019
564 East 2nd Avenue Condominium Owners Association, Inc. Condominium 2021
572 Third Owners Association, Inc. Unclassified Entity 2016
61 Salt Brush Townhomes Property Owners Association, Inc. Townhome Association 2025
858 Main Avenue Condominium Owners Association, Inc. Condominium 2009
8th Avenue Lofts Owners Association, Inc. Unclassified Entity 2006
934 Main Avenue Condominiums Owners Association Condominium 2005
969 Main Avenue Condominium Owners Association Condominium 2007
ADOBE CLIFFS HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2001
ALMOSTARANCH HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2011
Alpenglow Townhomes Owner's Association, Inc. Townhome Association 2007
ANGEL-HAUS CONDOMINIUM ASSOCIATION Condominium 1972
ANIMAS AIR PARK PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 1989
Animas City Park Overlook Townhomes Association Townhome Association 2023
Animas City Townhomes Owners Association, Inc. Townhome Association 2008
Animas Cliffs Condominium Association Condominium 2007
ANIMAS CROSSINGS PROPERTY OWNERS' ASSOCIATION Property Owners Association 1984
ANIMAS FARVIEW ESTATES HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1994
ANIMAS VIEW ESTATES HOME OWNERS ASSOCIATION Homeowners Association 1996
ANIMOSA HOME OWNERS ASSOCIATION Homeowners Association 1979
Arrowhead Ridge Durango Homeowners Association, Inc. Homeowners Association 2017
ASPEN DRIVE TOWNHOMES PROPERTY OWNERS ASSOCIATION, INC. Townhome Association 2000
ASPEN HEIGHTS HOMEOWNERS ASSOCIATION OF DURANGO Homeowners Association 2002
Aspen Pointe Townhomes Association, Inc. Townhome Association 2022
Assay Development Property Owners Association, Inc. Property Owners Association 2011
ASSOCIATION OF COORS SPLIT CONDOMINIUM OWNERS, INC Condominium 1987
Bandora Townhouses Owners Association, Inc. Townhome Association 2004
Bandy Townhomes Homeowners Association, Inc. Townhome Association 2007
Bayfield Clover Meadows HomeOwners Association Homeowners Association 2004
Bear Springs Homeowners Association, Inc. Homeowners Association 2025
Beaver Circle Property Owners Association Property Owners Association 2003
Bella Vista Owners Association, Inc. Unclassified Entity 2007
BIRCHGROVE CONDOMINIUM OWNERS ASSOCIATION, INC. Condominium 1985
BLACK BEAR TOWNHOMES OWNERS ASSOCIATION Townhome Association 2004
BLUE SPRUCE TOWNHOMES PROPERTY OWNERS' ASSOCIATION Townhome Association 1985
BLUFF AT EDGEMONT PATIO HOMES OWNERS ASSOCIATION, INC. Unclassified Entity 2003
Bluffs Townhomes Owners Association, Inc. Townhome Association 2018
BODO BUSINESS CENTER CONDOMINIUM ASSOCIATION, INC. Condominium 1980
Bodo Drive Office Warehouse Condominiums Property Owners' Association, Inc. Condominium 2020
BODO HEIGHTS OFFICE TOWNHOME PROPERTY OWNERS ASSOCIATION, INC. Townhome Association 2003
BROOKSTONE CONDOMINIUMS ASSOCIATION, INC. Condominium 2001
BUENA VISTA RANCH HOMEOWNERS ASSOCIATION Homeowners Association 1993
Bungalows on 3rd owners association INC Unclassified Entity 2015
BUTTERFIELD STAGE HOMEOWNERS' ASSOCIATION Homeowners Association 1982
CANYON PINES AT EDGEMONT HIGHLANDS OWNERS ASSOCIATION Unclassified Entity 2023
Canyon Pines Owners Association, Inc. Unclassified Entity 2016
Canyon Terrace Townhomes Association of Owners Townhome Association 2005
CARISSA COURT TOWNHOMES OWNERS ASSOCIATION, INC. Townhome Association 2001
Carriage House Condominium Owners Association Condominium 2016
CARRIAGE HOUSE HOME OWNERS ASSOCIATION, INC. Homeowners Association 2009
CASA DEL CORAZON HOMEOWNER'S ASSOCIATION, INC. Unclassified Entity 2004
Cascade Village Community Association Unclassified Entity 2004
Casitas de Florida Homeowners Association Homeowners Association 2011
Castle Ridge Estates Owners Association, Inc. Unclassified Entity 2008
CASTLE ROCK MOUNTAIN VILLAGE HOMEOWNERS ASSOCIATION Homeowners Association 2004
CEDAR HILLS CONDOMINIUM ASSOCIATION, INC. Condominium 1983
Cedar Ridge Estates Owners Association, Inc. Unclassified Entity 2006
CENTENNIAL CENTER LOT C CONDOMINIUM OWNERS ASSOCIATION Condominium 2004
Centennial Center Property Owners Association Property Owners Association 2014
Chapman Lofts Homeowners Association, Inc. Homeowners Association 2014
CHELSEY ACRES SUBDIVISION PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 1988
CHI SKYRIDGE TOWNHOME OWNER'S ASSOCIATION, INC. Townhome Association 2001
CINNAMON HEIGHTS HOMEOWNER'S ASSOCIATION, INC. Unclassified Entity 2004
CLEARVIEW PROJECT HOMEOWNERS' ASSOCIATION, INC. Homeowners Association 1986
CLOUD HEIGHTS HOMEOWNER'S ASSOCIATION, INC. Unclassified Entity 2002
Clover Meadows Phase VII Homeowners Association, Inc. Homeowners Association 2019
COLLEGE DRIVE CONDOMINIUM OWNERS' ASSOCIATION, INC. Condominium 2003
College Drive Lofts Owners Association, Inc. Unclassified Entity 2006
COLORADO HERITAGE PLAZA CONDOMINIUM OWNERS ASSOCIATION, INC. Condominium 1990
Columbine Condominiums Owners Association, Inc. Condominium 2016
COLUMBINE SUBDIVISION PROPERTY OWNERS ASSOCIATION Property Owners Association 1984
Confluence Townhomes Property Owners Association Townhome Association 2018
Continental Divide Ranch Property Owners Association, Inc. Property Owners Association 2005
COPPERHEAD CAMP OWNERS ASSOCIATION, INC. Unclassified Entity 2004
Crimson Cliff Townhomes Owners Association, Inc. Townhome Association 2005
Dakota Ridge Townhomes Owners Association, Inc. Townhome Association 2004
Dakota West Townhomes Owners Association, Inc. Townhome Association 2007
DCI Office - Condominium Association, Inc. Condominium 2018
DEER ISLAND PRESERVE HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1999
Duffey Draw Property Owners Association Property Owners Association 2005
Durango Estates Property Owners Association, Inc. Property Owners Association 2021
Durango Heights Homeowner's Association Unclassified Entity 2005
DURANGO OAKWOOD CONDOMINIUMS INC. Condominium 1982
DURANGO RIDGE PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 1995
DURANGO SANDSTONE HOMEOWNERS ASSOCIATION Homeowners Association 1983
Durango Senior City Condominium Association, Inc. Condominium 2006
Durango Technical Center Lot 10 Condominiums Owner Assocation Condominium 2016
DURANGO VILLAGE TOWNHOMES OWNERS ASSOCIATION Townhome Association 1980
DURANGO WEST PROPERTY OWNERS' ASSOCIATION, INC. Property Owners Association 1977
EAGLE'S NEST CONDOMINIUM ASSOCIATION, INC. Condominium 1985
East Fassbinder Professional Center Owners Association, Inc. Unclassified Entity 1997
EAST RIM STUDIOS CONDOMINIUM ASSOCIATION Condominium 1971
EASTWIND II CONDOMINIUM OWNERS ASSOCIATION, INC. Condominium 2021
EDGEMONT HIGHLANDS COMMUNITY ASSOCIATION, INC. Unclassified Entity 2003
Edgemont Meadows Community Association, Inc. Unclassified Entity 2017
EDGEMONT RANCH FARM HOUSE CONDOMINIUMS-EAST OWNER'S ASSOCIATION, INC. Condominium 2000
EDGEMONT RANCH FARM HOUSE CONDOMINIUMS-WEST OWNER'S ASSOCIATION, INC. Condominium 2000
EDGEMONT RANCH UNIT 1 PROPERTY OWNERS ASSOCIATION Property Owners Association 1983
EDGEMONT RANCH VICTORIAN VILLAGE LOT IB PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 2004
EDGEMONT VICTORIAN VILLAGE TOWNHOUSES OWNERS ASSOCIATION, INC. Townhome Association 2003
Elements At Edgemont Highlands Townhomes Association, Inc. Townhome Association 2014
Elevation Park at Hope Springs Homeowners Association, Inc. Homeowners Association 2020
Elevation Park Townhomes Owners Association, Inc. Townhome Association 2025
ELKRIDGE SUBDIVISION PROPERTY OWNERS ASSOCIATION Property Owners Association 1993
Elkton Owners Association, Inc. Unclassified Entity 2004
Ella Vita Canyon Owners Association, Inc. Unclassified Entity 2012
EL PASO STREET CONDOMINIUMS OWNER'S ASSOCIATION, INC. Condominium 2000
EL RANCHO FLORIDA HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1982
Estancia Owners Association, Inc. Unclassified Entity 2006
Etta Place Townhomes Association, Inc. Townhome Association 2025
FALCON HEIGHTS HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1994
FARRADAY HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1991
FARVIEW ESTATES HOMEOWNER'S ASSOCIATION, INC. Unclassified Entity 1992
FLORIDA ACRES HOMEOWNER'S ASSOCIATION Unclassified Entity 1984
FLORIDA RIVER ESTATES HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1976
FLORIDA RIVER FARMS HOMEOWNERS ASSOCIATION Homeowners Association 1994
FLORIDA ROAD TOWNHOUSES OWNERS' ASSOCIATION, INC. Townhome Association 1985
Ford Dr Townhouses Townhome Association 2014
FOREST AVENUE TOWNHOMES HOMEOWNERS' ASSOCIATION, INC. Townhome Association 1997
Fork Horn Mesa Homeowner's Association, Inc. Unclassified Entity 2011
FORREST GROVES ESTATES HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1971
Four Roses Townhomes Association, Inc. Townhome Association 2026
Fox Farm Village Owners Association Unclassified Entity 2006
Gelande Village Condominium Owners Association, Inc. Condominium 2005
GLACIER CLUB COMMUNITY MASTER PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 2003
GLENEAGLES OF ANIMAS VALLEY HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2001
GOODMAN PROPERTY OWNERS ASSOCIATION Property Owners Association 1976
GREEN ACRES HOMEOWNERS ASSOCIATION INC. Homeowners Association 1995
HACIENDAS DE LA FLORIDA HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1993
HEARTLAND ACRES HOMEOWNERS ASSOCIATION Homeowners Association 1996
Heritage Hills Development Homeowners Association Homeowners Association 2004
HIDDEN RIDGE RANCH PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 2001
Highlands at Cross Creek Homeowners Association, Inc. Homeowners Association 2006
HIGHLAND VISTA TOWNHOMES OWNERS ASSOCIATION, INC. Townhome Association 2001
HIGH MEADOWS PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 1992
HILLCREST GREENS HOMEOWNERS ASSOCIATIONS, INC. Homeowners Association 1996
HILLCREST PROPERTY OWNERS, LTD. Property Owners Association 1985
HISTORIC DOWNTOWN VACATION OWNERS ASSOCIATION, INC. Unclassified Entity 2002
HOLLYHOCK COURT HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2000
HORSE GULCH DIVIDE PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 2004
Horse Gulch Health Campus Condominium Owners Association Condominium 2014
HORSE GULCH RANCHES PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 1996
Jameson Court Homeowners Association, Inc. Homeowners Association 2019
Jarvis Condominiums Owners Association Condominium 2007
JENKINS RANCH 1 HOME OWNERS ASSOCIATION Homeowners Association 2003
JUNIPER HEIGHTS PROPERTY OWNERS ASSOCIATION Property Owners Association 1996
KENDALL MOUNTAIN CONDOMINIUM ASSOCIATION, INC. Condominium 1985
Lake Durango Estates Homeowners Association Homeowners Association 2013
LA PALOMA HOMEOWNERS ASSOCIATION Homeowners Association 1992
LA PLATA VISTA HOMEOWNERS' ASSOCIATION, INC. Homeowners Association 1978
LIGHTNER CREEK VILLAGE PHASE IB CONDOMINIUM OWNERS ASSOCIATION Condominium 2005
LIGHTNER CREEK VILLAGE PHASE II CONDOMINIUM OWNERS ASSOCIATION Condominium 2005
Lofts at 1201 Condominium Owners Association, Inc. Condominium 2005
LOS RANCHITOS ESTATES HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1988
LOS RANCHITOS FLORIDA RIVER HOMEOWNERS ASSOCIATION Homeowners Association 1984
Ludington Meadows Homeowners Association Homeowners Association 2006
Mama Llama Ranch Owners Association, Inc. Unclassified Entity 2007
Meadowlark Homeowners Association Homeowners Association 2019
MEADOWRIDGE HOMEOWNER'S ASSOCIATION, INC. Unclassified Entity 1993
MEARS HOUSE CONDOMINIUM OWNERS ASSOCIATION Condominium 2003
MERCADO HILLSIDE ROW HOMES PROPERTY OWNERS ASSOCIATION Property Owners Association 2023
MESA HEIGHTS OF DURANGO HOMEOWNERS ASSOCIATION, INC. Homeowners Association 1993
MESA LINDA SUBDIVISION PROPERTY OWNERS ASSOCIATION Property Owners Association 1982
MESA VISTA ESTATES HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2003
Mirador Homeowners Association Homeowners Association 2006
MIRA MONTE COMMUNITY PROPERTY OWNERS ASSOCIATION INC Property Owners Association 1999
M.M. MAYER CONDOMINIUMS OWNERS ASSOCIATION, INC. Condominium 2000
MOONRIDGE HOMEOWNERS' ASSOCIATION, INC. Homeowners Association 1983
MORNINGSTAR RANCHES PROPERTY OWNERS ASSOCIATION, INC. Property Owners Association 2004
Mountain Trace Townhomes Owners Association Townhome Association 2006
MOUNTAIN VALLEY OF DURANGO HOMEOWNERS ASSOCIATION, INC. Homeowners Association 2001
Mtn. View Plaza Condominium Homeowners Association, Inc. Condominium 1986
Mustang Crossing Owners Association, Inc. Unclassified Entity 2024
NORTH DALTON RANCH HOMEOWNERS' ASSOCIATION INCORPORATED Homeowners Association 1996
Old Ironworks Condominiums Association, Inc. Condominium 2003
one38 Property Owners Association Property Owners Association 2018
ORCHARD TOWNHOMES ASSOCIATION OF OWNERS, INC. Townhome Association 1999
Oxbow Townhomes Owners' Association, Inc. Townhome Association 2006
Painter Ranch Property Owners Association, Inc. Property Owners Association 2014
PALO VERDE HOMEOWNERS ASSOCIATION Homeowners Association 2002
PARK PLACE CONDOMINIUMS AT DURANGO OWNERS ASSOCIATION, INC. Condominium 2004
PARKSIDE TERRACE TOWNHOME PROPERTY OWNERS ASSOCIATION Townhome Association 2003
PEAR TREE CONDOMINIUM OWNERS ASSOCIATION, INC. Condominium 1982
PEAR TREE CONDOMINIUMS, PHASE II, OWNERS' ASSOCIAT Condominium 1984
Peregrine Point Condominium Property Owners Association, Inc. Condominium 2008
PINE ACRES CONDOMINIUM OWNERS ASSOCIATION, INC. Condominium 1999
Pine River Common Townhomes Association, Inc. Townhome Association 2024
Pioneer Pointe Townhome Owner's Association, Inc. Townhome Association 2024
Pioneer Station Condominium Owner's Association, Inc. Condominium 2008
Pioneer Townhomes II Property Owners Association Townhome Association 2017
Pioneer Townhomes I Property Owners Association Townhome Association 2017
PURGATORY CENTER CONDOMINIUM ASSOCIATION, INC. Condominium 1984
PURGATORY TOWNHOUSE ASSOCIATION, INC. Townhome Association 1981
Purple Cliffs At Escalante Condominium Owners Association, Inc. Condominium 2019
RAINBOW SPRINGS 2 PROPERTY OWNERS ASSOCIATION Property Owners Association 2014
RECODO DEL RIO OWNERS ASSOCIATION Unclassified Entity 1996
RED RIDGE PROPERTY OWNERS ASSOCIATION Property Owners Association 2002
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.

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