Termination of common interest community
- Statute:
- Colorado §218 · Part CCIOA-2 (CCIOA Part 2 — Creation, Alteration, and Termination)
- Topic:
- Governing Documents · Termination
- Applies to:
- HOA associations
A common interest community may be terminated only by agreement of unit owners of units to which at least 67 percent of the votes are allocated, or any larger percentage the declaration specifies. A termination agreement that sells the community must set out the minimum sale terms.
📄 Read the official text at leg.colorado.gov →
How SoShiny helps with Termination of common interest community
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.
See the feature → Start freeFrequently asked
- What does Colorado §218 require?
- A common interest community may be terminated only by agreement of unit owners of units to which at least 67 percent of the votes are allocated, or any larger percentage the declaration specifies. A termination agreement that sells the community must set out the minimum sale terms.
- Who does Colorado §218 apply to?
- Colorado §218 applies to HOA associations in Colorado.
- What happens if our CID doesn't comply with §218?
- Non-compliance can expose the association and individual directors to disputes in the governing forum for Colorado community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of Colorado §218?
- The official text is published by the Colorado General Assembly at leg.colorado.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Termination of common interest community?
- SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →
Not legal advice. This page is a plain-English summary of Colorado §218 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Colorado-licensed attorney. For the official statutory text, see the link above.
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