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The Colorado Supreme Court upheld a pandemic-era rule Monday, requiring landlords to provide tenants in federally-subsidized housing 30 days notice before eviction. The initial mandate was passed by the U.S. Congress in 2020 through the Coronavirus Aid Relief and Economic Security Act, or CARES.
Substantially endangers the property of landlord, co-tenant or person living on or near premises; o Is a violent or drug-related felony; or o Is declared a public nuisance and carries a potential sentence of 180 days or more. >
In the state of Colorado, the amount of notice needed from a tenant wishing to end a lease is 91 days for a yearly lease, 28 days for 6 months-a year lease, 21 days for a monthly lease, and 3 days for a weekly lease. In the lease agreement, you should also outline your responsibility as a landlord to re-rent the unit.
Tenants. Tenant rights state that they may exercise their right to habitable housing whenever they consider it appropriate; this includes asking for utilities in good condition, getting repairs in a reasonable amount of time, and collecting their security deposit once they leave the premises.
But breaking a lease can still affect your credit if it results in unpaid debt. Whether it be damage fees, termination fees, back rent, or current rent that you're still liable for, landlords can report that debt to collection agencies, who may then report that unpaid debt to the credit bureaus.
1. A tenancy for one year or longer: 90 days' notice 2. A tenancy between 6-12 months: 28 days' notice 3. A tenancy between one and six months: 21 days' notice 4.
Signed into law on June 5, 2023, HB23-1095 comes into effect this August. This bill prohibits certain provisions in leases or rental agreements. If your lease contains any of these provisions, they will not be enforceable after the effective date. by third parties outside the control of the landlord.
If a rental property is sold, the new owner/landlord must honor a rental contract existing at the time of the sale. All lease terms, including the termination date and the amount of rent, must be honored by the new owner/landlord unless the new owner/landlord and the tenant agree to make changes.