Laws Landlord Should Know about
Renters would be protected from eviction by a new Denver landlord tax
Denver voters will decide in November whether to enact a new tax on landlords to provide lawyers for people facing evictions following two COVID-19-addled years during which federal and state intervention prevented an even worse situation for many renters.
Denver's No Eviction Without Representation Denver Ordinance 305 proposes a $75 per unit annual tax on landlords who own most rental housing in Denver. Tax revenues would be used to establish a legal defense program for renters at risk of losing their housing during eviction proceedings, which would increase with inflation.
The Apartment Association of Metro Denver, on the other hand, claims that the new tax would simply be passed on to renters who are already strapped for cash.
Disclaimer: We are not attorneys and we are not giving legal advice. For legal advice and/or questions please contact an attorney.
What is the potential rental value of your Colorado home?
Not sure if you need property management? Ask yourself these questions:
LAWS AND REGULATIONS
- Are you up to date on the ever-changing Fair Housing laws, legislation regarding Warranty of Habitability, lead based paint testing and toxic mold policies?
- Has your property been issued a current Rental Housing License? If not, are you aware of the penalties?
- Are you familiar with the new laws and legislation affecting your property?
- Do you understand the complex nature of service, companion and emotional support animals?
- Are you concerned about the recent legalization of marijuana and how this impacts you as the Landlord and your property?
- Do you clearly understand the laws regarding security deposit dispositions and the interest due to the tenant?
- Are you concerned about the possibility of a tenant suing you…and winning? It’s happening more and more every day.
TENANTS AND COLLECTING RENT
- Do you want to deal with late payments, bounced checks, and collecting rent in general?
- Do you dread confrontation with tenants? How are they maintaining the property? Are they paying their rent on time?
ADVERTISING YOUR RENTAL
- Do you cross your fingers, hoping that you won’t have to deal with the exhaustive move-out, advertising, and move-in processes that occur between tenants?
- Do you struggle with advertising and showing your vacant property?
Colorado Realty and Property Management, Inc. provides exceptional property management service with grace and ease.
TENANT SCREENING
- Are you prepared to take applications, run credit, and perform background checks?
- Do you have a way to screen potential tenants?
MAINTENANCE ISSUES
- Are you frustrated with the calls and fines by the Homeowners Association or the City of Denver for something that you didn’t know about?
- Do you sometimes feel that you spend too much of your time collecting checks, paying vendors, and performing all of the accounting necessary on your rental?
Disclaimer: We are not attorneys and we are not giving legal advice. For legal advice and/or questions please contact an attorney.
Offering property management solutions in Denver, Broomfield, Fort Collins and surrounding areas:
Our Rental Properties consist of single-family homes, condos, townhomes, duplexes, triplexes, and small multi-unit properties.
What our Property Managers do for you:
Departmental vs Portfolio Management
Rental Property Management
Colorado Realty and Property Management, Inc. provides exceptional property management service with grace and ease.