Major Changes Are Coming to HOA Collections in Colorado—Is Your Community Ready?

On October 1, 2025, Colorado’s HB25-1043 will take effect, introducing stricter requirements for how HOAs must notify homeowners of delinquencies and initiate foreclosure proceedings. If your board is not yet fully up to speed, now is the time to act—failing to comply with the new rules could delay your collections process, reduce the amount of recoverable legal fees, or even halt foreclosure actions entirely.

To help HOA boards in Colorado stay compliant and confident, we’ve created a free HB25-1043 Compliance Packet! Visit https://clearviewhoafinancial.com/resources/ to download this helpful resource, or read on for more information about the new law.

What HB25-1043 Requires

Under HB25-1043, HOA boards must follow detailed procedures when a homeowner falls behind on assessments. This includes:

Notice of Delinquency (Early Stage)

• Must be sent when an account is 15 days past due
• Must be delivered using two different methods, such as:
  • Certified mail (optional unless your policy requires it)
  • Email
  • Phone call
  • Text message
  • First-class mail (if no digital contact info is on file)

Notice of Intent to Foreclose (Advanced Stage)

• Must be sent at least 30 days before foreclosure action
• Delivery requires three methods:
  • Certified mail (mandatory)
  • Plus two additional methods (phone call, text message, email, or first class mail)

Additional Requirements

• Notices must inform homeowners of their right to request a ledger, the risk of losing equity through foreclosure, and access to free HUD-approved credit counseling
• Associations must periodically request updated contact information from all owners to ensure that notices can reach them

The HB25-1043 Compliance Packet from Clear View

 Our downloadable packet includes:

• A brief overview of HB25-1043 and what it requires
• A First Notice of Delinquency template
• A Notice of Intent to Foreclose template
• Required HUD counseling links, ledger request language, and equity warnings—all built in
• A Compliance Cross-Reference Chart to help decipher and comply with different provisions of the law

Each template follows the structure and wording of the new law. They are designed to help your board meet all legal obligations—without having to start from scratch.

(Please note that these templates are for compliance support, but updates to governing documents should still be reviewed by your HOA’s legal counsel. If needed, we’d be happy to connect you with one of our trusted attorney partners.)

How Clear View Simplifies the Process

If you’re already working with Clear View HOA Financial, you can rest assured that we’ve already incorporated these requirements into our collections workflow. Therefore:

• Your board does not need to manage delivery methods manually
• We track timing, delivery documentation, and required language
• Notices are sent promptly and properly, helping your HOA stay protected

You don’t need to hire an attorney just to send a delinquency letter—we’re here to assist through every step up to the point of foreclosure.

Take the Guesswork Out of HB25-1043 Compliance

Whether your community is self-managed or professionally managed, HB25-1043 compliance starts with a plan—and the right tools. Download our free board packet today and feel confident that you’re covering all legal bases, or contact us directly to learn how partnering with Clear View can take the burden off your board!