DEPARTMENT OF REGULATORY AGENCIES
DIVISION OF REAL ESTATE
COMMUNITY ASSOCIATION MANAGERS
4 CCR 725-7

NOTICE OF PROPOSED PERMANENT RULEMAKING HEARING
July 22, 2015
	
D RULES:  RENEWAL, TRANSFER, INACTIVE LICENSE, REINSTATEMENT & INSURANCE

Pursuant to and in compliance with Title 12, Article 61 and Title 24, Article 4, C.R.S. as amended, notice of proposed rulemaking is hereby given, including notice to the Attorney General of the State of Colorado and to all persons who have requested to be advised of the intention of the Director of the Division of Real Estate (“Director”) to promulgate rules, or to amend, repeal or repeal and re-enact the present rules related to community association managers.

STATEMENT OF BASIS

The statutory basis for the rules titled Rules Regarding Community Association Managers is Part 10 of Title 12, Article 61, Colorado Revised Statutes, as amended.  

STATEMENT OF PURPOSE

The purpose of this rule is to effectuate the legislative directive to promulgate necessary and appropriate rules in conformity with the state statutes of the Community Association Managers Practice Act.

SPECIFIC PURPOSE OF THIS RULEMAKING

The specific purpose of this rule is to promulgate rules with respect to the requirements for renewing, transferring, inactivating, reinstatement and insurance requirements of a licensee and ensures that community association managers are familiar with current regulations.

Proposed New, Amended and Repealed Rules

[Deleted material shown struck through, new material shown ALL CAPS. Rules, or portions of rules, which are unaffected are reproduced.  Readers are advised to obtain a copy of the complete rules of the Director at www.dora.colorado.gov/dre

D RULES:  RENEWAL, TRANSFER, INACTIVE LICENSE, REINSTATEMENT & INSURANCE

D-1) Initial license renewal.
1)	An initial CAM license will be issued for a period commencing on the issuance date and expiring on June 30th following the date of issuance.
2)	AN APPRENTICE LICENSE WILL BE ISSUED ONLY FOR A PERIOD COMMENCING ON THE ISSUANCE DATE AND EXPIRING ONE (1) YEAR FOLLOWING THE DATE OF ISSUANCE.  AN APPRENTICE LICENSE IS NON-RENEWABLE.
3)	A PROVISIONAL LICENSE WILL BE ISSUED ONLY FOR A PERIOD COMMENCING ON THE ISSUANCE DATE AND EXPIRING ON DECEMBER 31, 2015.  NO PROVISIONAL LICENSE WILL BE ISSUED AFTER DECEMBER 31, 2015.

A hearing on the above subject matter will be held on Wednesday, July 22, 2015, at the Colorado Division of Real Estate, 1560 Broadway, Suite 110-D, Denver, Colorado 80202 beginning at 10:00 a.m.
Any interested person may participate in the rule making through submission of written data, views and arguments to the Division of Real Estate.  Persons are requested to submit data, views and arguments to the Division of Real Estate in writing no less than three (3) days prior to the hearing date and time set forth above. However, all data, views and arguments submitted prior to or at the rulemaking hearing or prior to the closure of the rulemaking record (if different from the date and time of hearing), shall be considered.
Please be advised that the rule being considered is subject to further changes and modifications after public comment and formal hearing.