In a common interest community, if the right is originally reserved in the declaration, the declarant, in addition to any other development right, may amend the declaration at any time during as many years as are specified in the declaration to add additional real estate to the common interest community without describing the location of that real estate in the original declaration; but the area of real estate added to the common interest community pursuant to this section may not exceed ten percent of the total area of real estate described in section 38-33.3-205 (1)(c) and (1)(h), and the declarant may not in any event increase the number of units in the common interest community beyond the number stated in the original declaration pursuant to section 38-33.3-205 (1)(d), except as provided in section 38-33.3-217 (4).
Source: L. 91: Entire article added, p. 1735, § 1, effective July 1, 1992. L. 98: Entire section amended, p. 483, § 12, effective July 1.
Structure Colorado Code
Title 38 - Property - Real and Personal
Article 33.3 - Colorado Common Interest Ownership Act
Part 2 - Creation, Alteration, and Termination of Common Interest Communities
§ 38-33.3-201. Creation of Common Interest Communities
§ 38-33.3-202. Unit Boundaries
§ 38-33.3-203. Construction and Validity of Declaration and Bylaws
§ 38-33.3-204. Description of Units
§ 38-33.3-205. Contents of Declaration
§ 38-33.3-206. Leasehold Common Interest Communities
§ 38-33.3-207. Allocation of Allocated Interests
§ 38-33.3-208. Limited Common Elements
§ 38-33.3-209.6. Executive Board Member Education
§ 38-33.3-209.7. Owner Education
§ 38-33.3-210. Exercise of Development Rights
§ 38-33.3-211. Alterations of Units
§ 38-33.3-212. Relocation of Boundaries Between Adjoining Units
§ 38-33.3-213. Subdivision of Units
§ 38-33.3-214. Easement for Encroachments
§ 38-33.3-215. Use for Sales Purposes
§ 38-33.3-216. Easement Rights
§ 38-33.3-217. Amendment of Declaration
§ 38-33.3-218. Termination of Common Interest Community
§ 38-33.3-219. Rights of Secured Lenders
§ 38-33.3-220. Master Associations
§ 38-33.3-221. Merger or Consolidation of Common Interest Communities
§ 38-33.3-221.5. Withdrawal From Merged Common Interest Community