A Colorado power of attorney form lets a person make important decisions on behalf of another individual regarding finances, medical care, child custody, and any other special requests. Typically, elderly individuals complete a durable power of attorney to appoint someone else to make decisions for them and take care of their finances if they can’t because of their physical and/or mental wellbeing.
A Colorado lease agreement is a contract for renting property. Landlords should obtain the tenant’s personal information to run a credit and background check to verify their ability to pay rent.
Rental Application – a form that landlords use to gather personal information and obtain consent from tenants to run a credit check and background report.
Lead-Based Paint Disclosure Form – Any housing structure built before 1978 requires Lead Paint Disclosure under federal law.
Radon Disclosure Form – Landlords in Colorado must comply with the Radon Disclosure law. They are required to reveal any information they have regarding radon concentrations at the property and issue a warning statement to potential tenants about the dangers of radon. Additionally, landlords must provide Tenants with a copy of the brochure on radon and real estate from the Department of Health & Environment.
Maximum – The maximum amount of security deposit that a landlord can charge in Colorado is an amount that is equal to or less than two month’s rent.
Return – The landlord must return the security deposit within one (1) month. However, if the lease agreement outlines a specific deadline for the return of the security deposit, the landlord must adhere to such a deadline, which cannot exceed sixty days.
Return after Termination – In cases where the lease has been terminated as a result of hazardous conditions arising from gas equipment, the tenant is entitled to receive their security deposit within a maximum of seventy-two (72) hours. It is important to note that landlords must strictly comply with these legal requirements, and failure to do so may result in legal actions.
In the state of Colorado, Landlords do not have to give Tenants prior notice before entering their premises. However, it is highly recommended that landlords provide a notice period of 24 to 48 hours in advance of non-emergency entry.
Landlords do not need to notify Tenants if the access is for Bed Bug Fumigation.
Grace Period – In the state of Colorado, lessees are granted a seven (7) day grace period for tardy rental payments. Property owners are prohibited from imposing any fees or penalties on rental payments until the eighth (8th) day. If the tenant fails to remit payment by the conclusion of the grace period, the landlord may issue a ten-day notice to vacate.
Written Disclosure – Colorado landlords or their agents can charge late fees if disclosed on the lease.
Maximum Penalty – Landlords may charge a late fee of $50 or 5% of past due rent, whichever is greater, as the maximum penalty.
No. Colorado marital property is divided fairly but not always equally because Colorado follows equitable distribution laws.
Where is Colorado State University?
Fort Collins, Colorado.
Where to vacation in Colorado?
There are many places to vacation in Colorado. The most popular destinations include Denver, Boulder, Aspen, Breckenridge, Colorado Springs. Rocky Mountain National Park, Telluride and Vail.
A Colorado Advance Health Care Directive Form is a legally binding document that gives a person the option to have another individual chose which medical treatment they will receive and how their finances will be handled in the event they become unable to do so themselves.
The Colorado motor vehicle bill of sale form provides essential details about exchanging a personal item for a specified financial amount. The filing is used retroactively to indicate the date of property ownership transfer. Must include the Odometer Disclosure Statement Form.
Rental Application – Recommended for potential tenants to fill out this application before signing in order for landlords to verify the tenants employment history.
What the Colorado Residential Lease Agreement form covers?
This Colorado residential lease agreement includes landlord-tenant laws which include limited security deposit amounts and rent increases only after 12 months. They must keep rental units habitable and can evict tenants for specific legal reasons. A 24-hour notice for landlord entry is recommended. Retaliation is prohibited, and tenants can terminate leases for domestic violence with proper documentation.
The following provides a detailed overview of the laws in this agreement:
Deposit Limit – The maximum amount of security deposit that a landlord can charge is up to two (2) month’s rent.
Deposit Return –The landlord must return the security deposit within one (1) month. However, if the lease agreement outlines a deadline date for the return of the security deposit, the landlord must adhere to such a deadline, which cannot exceed sixty (60) days.[1]
Rent Increases and Rent Control
There’s no rent control in Colorado, however landlords cannot raise tenants rent until they have been renting for 12 months or more.[2]
Habitability Requirements
Landlords must keep rental properties habitable by making them safe and sanitary.[3]
Landlord-Tenant Eviction Laws
Landlords can only evict tenants when there is ‘legal cause’, which include the following:
non-payment of rent
violates the lease agreement
commits a crime or is violent to another resident [4]
Landlord Entry Rights
Landlords are not obligated to give tenants prior notice before entering their premises. However, it is highly recommended that landlords provide a notice period of 24 to 48 hours in advance of non-emergency entry.
Landlords do not need to give a 24-hour notice to tenants if the access is for Bed Bug Fumigation.
Maximum Penalty – Landlords may charge a late fee of $50 or 5% of past due rent, whichever is greater, as the maximum penalty.[7]
Grace Period – In the state of Colorado, lessees are granted a seven (7) day grace period for late rental payments. Property owners are prohibited from imposing any fees or penalties on rental payments until the eighth (8th) day.[8]
Notice to Quit – If the tenant fails to make rent payment by the end of the grace period, the landlord can issue a ten-day notice to vacate.
Written Disclosure – Colorado landlords or their agents can charge late fees if disclosed on the lease.
Tenants can terminate lease with proper reporting on domestic violence which includes crimes against a person, property, animal, or any municipal ordinance violation. [10]
Lease Copy – The tenant should get a copy of the lease within seven (7) days from signing it.[12]
Landlord’s Contact Info – The lease needs to include the landlord’s name and address, which is listed in Section 21 of the agreement.[13]
Radon Disclosure & Brochure – The landlord has to let the tenant know if there are any radon risks and give them the “Radon in Real Estate & Rental Transactions” brochure. By signing the lease, the tenant acknowledges they’ve received this info.[14]
Bed Bug Disclosure – The landlord can’t rent the place if there are bed bugs. If asked, they must say if there have been any bed bugs in the last eight months.[15]
Exemption Status – If the landlord owns five or fewer single-family homes, they can give a 5-day notice to make sure the lease terms are being followed.[16]
