http://www.denverpost.com/business/ci_27663749/colorado-moving-closer-licensing-hoa-managers
On July 1, Colorado will become the tenth state to require HOA and condo association managers to be licensed. It is incredible that in 40 states anybody can get some business cards printed and become a community association manager. Colorado's legislature was persuaded by "horror stories," as the linked article explains. The basic model of CID regulation that has emerged in a few states since the mid 1990s has three components: (1) manager licensing; (2) more detailed state regulation of associations' internal processes, such as elections, document amendments, access to records, meetings, and assessment collection; and (3) a condo/HOA ombudsman who keeps basic records on associations in the state, provides education, and records and/or helps to resolve disputes. It is a minimalist model that fails to address some major risk factors--the biggest one being association finances--but it is better than the nothing that we had previously. Owners need some basic protections, and caveat emptor doesn't cut it.