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Insert Alternative Choice into the Standard Rental Agreement

Insert Alternative Choice into the Standard Rental Agreement

Aug 6th, 2022

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How long can a tenant stay after lease expires Colorado?

As long as the tenant does not violate any rules, they can stay until their rental period ends. But if the tenant stays in the property even a day after their lease/rental agreement ends and has not arranged for renewal, landlords can issue a Notice to Quit.

What does NNN stand for in real estate?

Triple net lease (NNN) is normally a commercial lease where the lessee pays rent and utilities as well as three other types of property expenses: insurance, maintenance, and taxes.

How long does it take to evict a tenant in Colorado?

21-Day Notice to Vacate Lease LengthNotice Amount= 1 Week, 1 Month At-Will Tenants3 Days= 1 Month, 6 Months21 Days= 6 Months, 1 Year28 Days= 1 Year91 Days1 more row 7 days ago

Can a landlord refuse to renew your lease in Colorado?

Currently, when a lease ends the landlord can decide whether the tenant gets to stay. For example, they could simply refuse to offer a renewal of the current lease forcing the tenant to leave or be evicted.

What is a clause inserted into a lease allowing rent to increase based on a formula known as?

A commercial escalation clause is always included in commercial real estate leases. It allows the landlord to increase the rate of your rent ing to a specific timeline or ing to certain triggers included in the clause.

What happens when a lease expires in Colorado?

Termination of Term Lease The lease expires at the end of the term of the lease and the tenant must leave the rental on that date. Neither the landlord nor the tenant need to give notice of termination, unless the lease requires such notice.

How much notice does a landlord have to give a tenant to move out in Colorado?

It is never legal for a landlord to evict a tenant without a court order. The period for a Notice to Quit is 3, 21, 28, or 91 days, depending on the length of tenancy and how much notice is included in the lease. (Colorado Revised Statute 13-40-107.)

What are 5 things that should be included in a lease?

Ten Terms To Include In Your Lease Agreement Names of all tenants. Limits on occupancy. Term of the tenancy. Rent. Deposits and fees. Repairs and maintenance. Entry to rental property. Restrictions on tenant illegal activity.

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