The Colorado Common Interest Ownership Act (“CCIOA”) defines a Common Interest Community as “real estate described in a declaration with respect to which a person, by virtue of such person’s ownership of a unit, is obligated to pay for real estate taxes, insurance premiums, maintenance, or improvement of other real estate described in a declaration.” The associations formed to oversee and govern these communities are generally called Homeowner’s Associations, or “HOAs.”   Read the article………………………..