We Are Licensing Properties Now in Denver, CO
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We are licensing properties and can help license your property in Denver now.
What does the Denver Rental Housing Licensing mean to landlords?
On May 3, 2021, the Denver City Council passed a new ordinance requiring a Residential Rental Property license for any person to offer, provide, or operate a residential rental property in the City and County of Denver. This program is designed to proactively enforce minimum housing standards to ensure all renters in Denver have safe and sanitary housing. The program requires landlords in Denver to obtain a license from the city in order to offer, provide, and operate a residential rental property. Here are some of the facts:
- Multi-family buildings will need their licenses by 2023 and single family homes will need it by 2024.
- Licenses will last for 4 years.
- Inspection costs are $195 and Denver charges $50 for the licensing form.
- Colorado Realty and Property Management is ahead of the game and will be working closely with all Denver property landlords to handle this before the deadlines.
Here are a few of the important requirements that will be inspected:
- If it is an underground unit, some form of Egress is required
- Plumbing fixtures in proper order
- Electrical is in appropriate order
- Smoke and CO detectors working and to code
- Furnace room safety measures
This new license will be rolled out in four phases:
Phase 1: Starting Jan. 1, 2022, a copy of Denver Tenant Rights and Resources(PDF, 87KB) (for a Spanish version click here(PDF, 88KB)) must be provided to the tenant by the owner or operator of residential rental property when the lease is signed and if rent demand is served. This notice summarizes some of the rights and obligations of residential landlords and tenants in Denver.
Phase 2: All rental dwelling units can opt into early licensing and receive half off their application fee (from $50 to $25) starting in March 2022. Those opting into this phase will still need to obtain a passing inspection from a certified, private home inspector and to pay the license fee to receive their license, which is good for four years unless ownership changes.
Phase 3: Starting Jan. 1, 2023, a license will be required for anyone to offer, provide, or operate a residential rental property consisting of two or more rental dwelling units on a single parcel. For example, this would require a license for a single apartment building, an apartment complex, or a duplex where both units are rented. Also, in this phase, single units can still opt into early licensing and receive half off their application fee.
Phase 4: Starting Jan 1, 2024, a license will be required for any person to offer, provide, or operate a residential rental property consisting of a single rental dwelling unit on a single parcel. For example, this would require a license for a single-family home for rent or a triplex where one unit is for rent.
Overall, if you are renting out your property in Denver County/City, you will want to be prepared to obtain your rental license in the next couple of years. Our maintenance team at CRPM is excited to make this unfortunate change in policy a smooth transition for you.