Lawmakers Consider Several Changes to Colorado Landlord-Tenant Law

Lawmakers are considering several bills that could impact Landlord-Tenant relationships.

SB-17245:  NOTICES TO TENANTS.  Under current law a month-to-month tenancy may be terminated by the landlord upon 7 days’ notice.  SB-17245 would extend the notice requirement to 21 days. It would also apply this 21 day notice rule to a Landlord’s intent to raise rent for leases of one month to less than one year.

HB-17-1312.  COPIES OF DOCUMENTS/RECEIPTS.  This bill would require the landlord to provide the tenant with a copy of the fully signed lease within 70 days of lease signing.  Landlords would also be required to provide receipts of payments made by cash or money order.

HB-17-1310. SCREENING FEES.  This bill would limit application screening fees to the landlord’s actual costs for background and credit screening.  The landlord would also be required to provide the tenant with an accounting of the charges and to refund any excess fees to the tenant.  Landlords failing to comply would face a penalty equal to two times the amount of the fee charged, plus costs and attorney fees.

HB-17-1035  LEASE BREAK FOR CRIME VICTIMS.  This bill would allow a tenant to break a lease for fear of being in imminent danger if that tenant were the victim of stalking, domestic violence/abuse, or unlawful sexual behavior.  If the tenant broke the lease the tenant would only be liable for one month of rent, to be paid within 90 days of breaking the lease.  The bill would also require landlords to maintain confidentiality that the tenant is a victim.



Denver Moves Up to Rank #4 in Places to Move

Want to know where people are moving? One way to do it is to track the destinations of one-way rental moving trucks. A study conducted by Penske Truck Rental did just that. Per the study, Denver ranks 4th among the top destinations in the nation. This is an increase... read more

Aurora Lands Two Large Employers

Aurora has attracted two large employers – Amazon and Walmart. Amazon is building a fulfillment center and expects to employ 1,000 workers at the facility.   The 1 million square foot facility is expected to open before the next holiday season.  A little closer to the... read more

Good (Business) Reads for 2017

Each year our team is asked to provide a list of good business books. Here are some books that we’ve read (or listened to) over the course of the last 12 months. You can find all of these on Amazon or Audible. “Alexa, download these books.”

read more

Buyers, Start Your Engines!

Looking to Buy this Spring? – Start NOW!  Last year we saw an unusual spike in Spring activity, especially in April and May. Below is a graph that shows the amount of showings per listing last year as compared to previous years. As you can see, March and April... read more