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Your tenancy becomes a periodic tenancy automatically if you stay past the end of the fixed term without a renewal agreement. A joint tenancy becomes periodic if any of the tenants stay on, unless there's a new agreement in place. A periodic tenancy continues on the same terms and you should pay your rent as normal.
A Colorado residential lease agreement is a legal document that outlines a rental contract between a landlord/property manager and a tenant. The contract is usually negotiated after the tenant has viewed the property and has submitted a rental application that was approved by the landlord.
You could be responsible for rent until the end of the lease term or until the property is rented to someone else, whichever comes first. The landlord has a duty to try to re-rent the property once you have moved out, but that duty does not start until you have returned the keys to the landlord.
If the Tenants Have Moved outIt will no longer exist. This is under a rule quaintly known by lawyers as 'effluxion of time'. So, if the tenants have moved out by that date, then that is the end of it. The tenants no longer have any liability under the tenancy and the landlord no longer has any right to charge rent.
It is common knowledge that on expiry of a lease, it is the duty of the lessee to hand-over vacant and peaceful possession of the property to the lessor. The expression 'holding over' applies to cases where a lessee retains possession even after expiry of the initial lease term.
A landlord needs to give a written notice to the tenant to move-out allowing 21 days for the tenant to vacate specifying the exact date on when the tenancy will end.
If the Tenants Have Moved out So, if the tenants have moved out by that date, then that is the end of it. The tenants no longer have any liability under the tenancy and the landlord no longer has any right to charge rent. Landlords often get upset about this if the tenants have moved out without giving them any notice.
It normally ranges from 20 to 30 days. At times the lease agreement may provide for longer periods of more than 30 days. The Consumer Protection Act (CPA), which regulates residential lease agreements states that such a notice period can not be less than 20 working days.
Yes, a lease can automatically renew in Colorado. Like most fixed-term leases, a clause in a written lease can determine whether or not a lease renews. Commonly, the lease will become a month-to-month lease if neither party gives notice that they wish to terminate the tenancy.
The tenant has a maximum of 48 hours to vacate the property. If they are still on the property after 48 hours, they may be forcibly removed.