Colo. Rev. Stat. § 24-32-3326
Unlawful sales practices - manufactured homes and tiny homes - fines.
Effective Aug 10, 2022L. 2003: Entire part added, p. 549, § 2, effective March 5. L. 2021: IP(1), (1)(b), (1)(c), and (1)(d) amended and (2) added, (HB 21-1019), ch. 122, p. 484, § 27, effective September 7. L. 2022: IP(1), (1)(b), (1)(c), and (2) amended, (HB 22-1242), ch. 172, p. 1133, § 21, effective August 10.
(1) A seller engages in an unlawful manufactured home or tiny home sales practice when the person:
- (a) Fails to comply with the registration requirements of section 24-32-3323;
- (b) Fails to comply with the escrow and bonding requirements of section 24-32-3324 or board rules;
- (c) Fails to provide and include in any contract for the sale of a manufactured home or tiny home any of the disclosures or contract provisions required by section 24-32-3325; or
- (d) Fails to refund any payments made toward the purchase of the home or provide a reasonable per diem living expense in violation of the contractual provisions required by section 24-32-3325 (2)(b).
- (2) A person that sells a manufactured home or tiny home in a manner contrary to this part 33 or rules adopted under this part 33 is subject to revocation or suspension of a seller's registration, fines, or any other measures as prescribed by rules that the division promulgates or by other applicable Colorado law. The division may issue a fine of up to ten thousand dollars for each violation. Multiple violations of this part 33 or rules adopted under this part 33 that are committed during a single sale constitute one violation. Each sale performed in violation of this part 33 or rules adopted under this part 33 constitutes a separate violation. Fines must be paid to the division and transmitted to the state treasurer, who must credit the fines to the building regulation fund created in section 24-32-3309.
Source: L. 2003: Entire part added, p. 549, § 2, effective March 5. L. 2021: IP(1), (1)(b), (1)(c), and (1)(d) amended and (2) added, (HB 21-1019), ch. 122, p. 484, § 27, effective September 7. L. 2022: IP(1), (1)(b), (1)(c), and (2) amended, (HB 22-1242), ch. 172, p. 1133, § 21, effective August 10.