DENVER, Colo. (CBS4) – People concerned about the transfer fees charged by homeowners’ associations will be testifying in front of state lawmakers.
CBS4 took a closer look at the issue and found people were surprised they had to pay hundreds of dollars in fees they didn’t expect.READ MORE: Concessionaires Looking To Fill Thousands Of Open Positions At Denver International Airport
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An HOA organization said it was to clear homes for sale.
Colorado lawmakers are working on legislation that would require property management companies to disclose the fees they charge at the closing of a home sale, but not a cap.MORE NEWS: Remains Of West Coast Bomb Cyclone Will Bring Stormy Weather To Colorado On Tuesday
The hearing gets underway at 1:30 p.m. Thursday.