Q: Are rental late fees limited in Colorado? A: Yes. As of October 1, 2021, late fees in residential Colorado leases are limited to the greater of: (i) $50, or (ii) 5% of the past due rent payment. The changes discussed in this article were enacted in Senate Bill SB21-173: Rights in Residential Lease Agreements. … Continue Reading
How to avoid risks of allowing a seller to remain in the property after closing.
Colorado Real Estate Brokers: If you decide to conduct a showing or open house, you should consider protecting yourself, your brokerage firm, and your clients from COVID-19-related risks.
Your tenant has used methamphetamine at your property and now you are stuck footing the bill for costly remediation and testing. Does your homeowners insurance policy cover this damage?
Governor Jared Polis issued Executive Order D 2020 051 (COVID-19), providing further eviction relief for tenants and mobile home owners.
We’ve recently heard from a number of Colorado landlord and property management clients whose tenants have encountered financial hardships due to the COVID-19 coronavirus and are therefore unable to make their next rent payment. This is a quickly-evolving situation, which we’ll continue to monitor and update. Typically if a tenant can’t pay their rent, the … Continue Reading
Rental Application Fairness Act: What actions must Colorado landlords and property managers take after passage of the new state law known as House Bill 19-1106?
Colorado’s 2019 legislative session resulted in new laws affecting landlords and tenants. This article is not inclusive of all the changes to landlord-tenant law it focuses on rental application fees. Please contact our office if you have specific questions regarding a particular area of landlord-tenant law. House Bill 19-1106 – Rental Application Fees Landlords typically … Continue Reading
Residential Tenants Health And Safety Act: Colorado’s new warranty of habitability law provides more protections to tenants under the residential warranty of habitability.
Boulder Rent Control Boulder and rent control have an interesting history, and past efforts to impose rent control in the city directly contributed to a statewide response from the Colorado Legislature. In 1980, the City of Boulder passed a citizen initiative to impose rent control in existing buildings that would have capped and tightly regulated … Continue Reading