This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Colorado Limitation on Substances Covered by Lease, also known as the Colorado Substance Limitation Provision, is a legal clause that outlines the substances and activities that are prohibited or restricted in a lease agreement within the state of Colorado. This provision aims to protect both landlords and tenants from potential liability and ensure the safe and legal use of leased premises. The Colorado Substance Limitation Provision typically covers a wide range of substances that may have adverse effects on public health, safety, and the environment. These substances include, but are not limited to: 1. Hazardous Materials: This category includes substances classified as hazardous by federal, state, or local laws, such as chemicals, flammable materials, radioactive materials, and toxic substances. It is crucial to comply with disposal and storage regulations for these materials. 2. Controlled Substances: The provision may specify restrictions on the possession, use, manufacturing, or distribution of illicit drugs, including substances regulated by the Controlled Substances Act, such as marijuana, cocaine, methamphetamine, and opioids. 3. Smoking and Tobacco: Landlords may choose to limit or ban smoking and the use of tobacco products within the leased premises, in compliance with Colorado's Clean Indoor Air Act and regulations. 4. Cannabis and Marijuana: Colorado, being one of the few states that legalized recreational marijuana, may include provisions related to the cultivation, possession, use, or sale of marijuana. These provisions ensure compliance with state and local laws and may vary depending on the municipality. 5. Alcohol: While general alcohol consumption is legal in Colorado, landlords may include limitations on excessive or disruptive alcohol use, underage drinking, or commercial alcohol operations on the leased premises. It is important for both landlords and tenants to thoroughly understand and comply with the Colorado Substance Limitation Provision to avoid unlawful activities, potential fines, and lease termination. Landlords should clearly outline these restrictions in the lease agreement and ensure tenants are aware of their responsibilities, consequences of violations, and any associated enforcement mechanisms. By implementing the Colorado Substance Limitation Provision, landlords can maintain a safe environment, protect property value, and uphold the community's well-being. Tenants, on the other hand, can have the assurance of living or conducting business in a space that prioritizes health, safety, and compliance with relevant laws and regulations.
