Over the last few years, the subject of licensing for Community Managers has been a “hot topic” – both nationally and on the local level. Hammersmith Management has long been a proponent of licensing, believing that every association deserves to be represented by educated, experienced, and professional Community Managers who have invested in their careers.
On May 28, 2013, Governor Hickenlooper signed House Bill 13-1277 into law. This law requires the licensure of both Community Managers and management company executives. There are several credentials an individual can earn, but each manager or executive must hold at least one of them to obtain a license: Certified Manager of Community Associations (CMCA®), Association Management Specialist (AMS®), Professional Community Association Manager (PCAM®), or any other credential identified by the Director of the Division of Real Estate. In addition to holding one or more of these credentials, the manager must take a course and pass an examination relating to Colorado law and the governing documents of associations. HB-1277 will go into effect on January 1, 2015, though managers and executives will not be required to hold a license until July 1, 2015.
We are now less than five months away from this bill going into effect, and less than 11 months away from managers and executives being required to hold a license.
Hammersmith Management is proud that we have such a highly credentialed and professional team. Because of our commitment to education and professionalism, we are prepared for this transition and believe it will have a positive impact on our industry, as a whole. This is just one more way Hammersmith demonstrates that we are Leaders In Community Management™.