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Landlords are in no way obligated to renew a person's year-long lease. If a tenant has a year by year lease, they may not be required to give a notice, but they must be moved out by the beginning of the new term.
Signed into law on June 6, 2023, and effective this August, this bill restricts landlords (with some exceptions) from considering or inquiring about certain information relating to a prospective tenant's amount of income and credit history. It also places a cap on security deposits.
The Colorado Notice to Quit Form must contain the reason for serving the Notice to Quit and the amount of time the tenant has. The problem must be clearly stated on the notice, so the tenant has reasonable awareness and can either correct the issue, or vacate the rental property.
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.
When Breaking a Lease Is Justified in Colorado You Are Starting Active Military Duty. ... You Are a Victim of Domestic Violence. ... The Rental Unit Is Unsafe or Violates Colorado Health or Safety Codes. ... Your Landlord Harasses You or Violates Your Privacy Rights. ... Your Landlord Fails to Repair a Gas-Related Hazardous Condition.
When this term is over, you and the landlord can sign a new lease?if you both agree?and start all over. Or, you can leave the property.
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.
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.