Impact of Colorado’s New Residential Tenant-Friendly Legislation
Co-Author, Mile High CRE, Nov. 21, 2023
During the 2023 legislative session, Colorado lawmakers enacted legislation that significantly impacts the manner in which landlords draft residential leases and pursue tenants for defaults, and are permitted to evaluate prospective tenants in residential properties. Given these legislative actions, both landlords and buyers of stabilized assets should review their form and existing leases, as well as current tenant screening processes, to ensure current and future compliance with the statutory changes described below.
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