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Aug 6th, 2022
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How to Save Colorado Rental Agreement

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the colorado rental agreement in this video we will tell you about the most noteworthy aspects of rental agreements in the state of colorado what is a rental agreement a rental agreement or a lease is a document that outlines the arrangement between two parties regarding a property rental the one whos paying rent is called a tenant while the owner of the property who lets the other party use it under certain conditions is called a landlord the parties may also be called a lesser and lessee typically a rental agreement lasts for 6 or 12 months with rent being paid every month or every week there is one federal disclosure that works for all lease agreements in the united states this is called the lead disclosure and it requires the landlord to tell the tenant about all known lead paint hazards they should also provide the state-approved version of the pamphlet protect your family from lead in your home however this requirement applies to not all types of residential dwellings required

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However, landlords cant: charge a late fee thats more than the greater of $50 or 5% of the amount of the past due rent. require the tenant to pay a late fee unless the late fee is disclosed in the lease or rental agreement. start the eviction process just because the tenant doesnt pay one or more late fees.
By law, every residential lease in Colorado includes a Warranty of Habitability. The Warranty of Habitability requires landlords to maintain living spaces they rent out up to some basic standards. The law requires that rental units are to be general safe and fit for human habitation.
Landlords must give commercial tenants 20 days notice of a rent increase. This applies only to tenancies between one and six months. Landlords must give residential tenants 60 days notice of a rent increase, regardless of the length of the tenancy. Landlords may not terminate such a tenancy to raise rent.
From 1 December 2022, landlords will need to give new tenants a paper or electronic version of the occupation contract within 14 days. For existing tenancies, landlords will have six months to issue tenants with their new occupation contract.
The Colorado standard residential lease agreement is a contract between a landlord and tenant that spells out terms and conditions for the renting of residential real estate.
Fees and Rent Increases As of this year, landlords may only increase rents once in 12 months. Landlords must also provide commercial tenants with 20 days notice before increasing rents if the tenancy is 1 to 6 months duration.
However, landlords cant: charge a late fee thats more than the greater of $50 or 5% of the amount of the past due rent. require the tenant to pay a late fee unless the late fee is disclosed in the lease or rental agreement. start the eviction process just because the tenant doesnt pay one or more late fees.
You can download a free tenancy agreement template in word or pdf from various sources including the governments website.

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