Lease Considerations for Housing Choice Voucher Programs (Section 8) Landlords and Property Managers have several considerations to weigh when choosing a future tenant. Certain considerations are simply off the table. Pursuant to C.R.S. § 24-34-502, a person cannot be discriminated against for housing based upon their source of income. Essentially, this statute is designed to … Continue Reading
What do you do when you own property that you lease out to tenants and find out that your tenant apparently used meth at the property and the property needs expensive remediation? See my previous article here. Example Case Study: Property Owner who previously rented out the property lists the home for sale. Potential Buyer … Continue Reading
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