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2023 Colorado Residential Leasing Changes

In its 2023 legislative session, the Colorado General Assembly passed several bills that impact relationships between residential landlords and tenants. Governor Polis subsequently signed many (but not all) of these bills into law. Some of these new laws may require updates to residential lease agreement templates. Others may not require direct changes to lease agreements … Continue Reading

Housing Choice Voucher Programs (Section 8) – Lease Considerations

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

My tenant used meth. Meth Cleanup is Expensive. Is it Covered by Insurance? Part II.

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

Late Fees in Colorado Leases

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

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