(1) Any seller is required to register with the division before engaging in the business of selling manufactured homes or tiny homes if either is installed in Colorado. (2) A person applying for a registration or renewal required by this section must submit the application on a form provided by the division and must verify the application by a declaration signed and dated, under penalty of perjury, by a principal of the seller. The application must contain, in addition to any other information regarding the conduct of the seller's business that the division may reasonably require, the name, address, e-mail address, and position of each principal of the seller and each person who exercises management responsibilities as part of the seller's business activities. The application must also contain the address, e-mail address, and telephone number of each retail location operated by the applicant, as well as the location and account number of the separate fiduciary account required by section 24-32-3324 (1) and any board rules. The division must preserve the application and declaration and make them available for public inspection. (3) (a) The division shall register an applicant that complies with subsection (2) of this section and that is qualified in accordance with this section and the rules promulgated under this section. (b) A registration issued under subsection (3)(a) of this section is valid for twelve months after the date of issuance. The division shall not set the registration fee at an amount of more than two hundred dollars. (c) If, after registering a seller, any of the required information submitted with the application for the registration becomes inaccurate, a principal of the seller shall notify the division in writing of the inaccuracy within thirty days and provide the division with accurate updated information. (4) For purposes of this section, a person is not a seller if the person: (a) Is a natural person acting personally in selling a manufactured home owned or leased by the person or a tiny home owned or leased by the person; (b) Sells a manufactured home or a tiny home in the course of engaging in activities that are subject to article 10 of title 12 or an exemption set forth in article 10 of title 12; (c) Sells a manufactured home or a tiny home for salvage or nonresidential use; (d) Directly or indirectly sells, in any calendar year, three or fewer previously occupied manufactured homes or tiny homes that are owned by a mobile home park owner and are located within one or more mobile home parks in Colorado; or (e) For a salary, commission, or compensation of any kind, is employed directly or indirectly by any registered seller to sell or negotiate for the sale of manufactured homes or tiny homes.
‹ Prev All Colorado sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.