A Colorado rental lease agreement is a legal contract that grants a person the right to live in a property in exchange for rent payments. The forms are created between a landlord and one (1) or more tenants. The documents are used to clearly outline the rights and responsibilities of the parties, ensuring topics such as rent, utilities, guests, default, eviction, pets, and more are clearly understood. Prior to signing a lease, both parties should take the time to read through the contract to fully understand what they’re agreeing to.
Landlord-Tenant Guides / Handbooks
According to § 13-40-104(1)(d), rent is due in accordance to the rental agreement. There is no grace period stipulated in state law.
Emergency: There is nothing stipulated about the matter of landlord access during an emergency in a state statute, however in line with federal landlord-tenant law, landlords can always enter during an emergency.
Non-Emergency: Likewise, there is nothing stipulated in a state statute about landlord access in a non-emergency. It is recommended landlords only enter in reasonable circumstances and at reasonable times, after giving fair notice to tenants.
Landlords are required to uphold the following obligations in compliance with § 38-12-505, as stated below:
As stated by § 38-12-504, tenants in Colorado have the following obligations (in addition to those mandated by the lease):
Lead Paint Disclosure: In compliance with federal law, landlords of properties built before 1978 must disclose any lead paint hazards to tenants. They must also provide them with this lead paint information pamphlet.
Maximum Amount: There is no set limit on the maximum amount a landlord can charge tenants.
Returning to Tenant (§ 38-12-103): Unless a longer period of time is specified in the agreement, a landlord must return the full security deposit within one (1) month. In cases where a longer period is specified, the period shall not exceed sixty (60) days. If a tenant breaks a lease due to the rental being in hazardous condition due to the poor condition of a gas appliance, piping, or other gas equipment, the landlord has to pay the deposit back within seventy-two (72) hours.
Deposit Interest: No relevant CO statute.
Uses of the Deposit (§ 38-12-103(1)): Landlords can retain portions of (or all of) a security deposit for the following three (3) reasons: