As the Colorado Apartment Association has put it, "one of the most radically harmful bills to our industry this legislative session (SB21-173) is scheduled to be heard by the Senate State, Veterans & Military Affairs Committee on Tuesday March 16, 2021 at 2:00 pm. We have even less time to respond to this bill than we usually do, which is a clear attempt to catch the industry off guard." We … [Continue reading...]
Colorado Legislative Session Updates for Landlords
These articles track the Colorado legislative session, following proposed bills and policy changes that may impact landlords, rental properties, and real estate investors. Written by a Colorado property management company, they provide timely insights to help property owners prepare for potential legal and regulatory changes.
Late Fees Prohibition Extended
Governor Polis signed an Executive Order extending the Late Fee Prohibition until March 29, 2021. *LATE FEES PROHIBITION EXTENDED* On February 27, 2021, Governor Polis signed Executive Order D 2021 052 extending the Late Fee Prohibition until March 29, 2021. A copy of the signed Order is available by clicking here. We know all too well the risk, the liability, and the challenges with … [Continue reading...]
Discrimination Based On Source Of Income Is Prohibited By Law
Colorado Civil Rights Division announces that, as of January 1, 2021, discrimination based on source of income is prohibited by law DENVER -- The Colorado Civil Rights Commission (CCRD) is reminding Coloradans that, as of January 1, 2021, refusing to rent, lease, show for rent or lease, or transmit an offer to rent or lease housing based on a person's source of income is prohibited by law under … [Continue reading...]
Trump signs massive omnibus spending, coronavirus relief package
Trump signs massive omnibus spending, coronavirus relief package President Donald Trump on Sunday signed an omnibus government funding and pandemic aid package. This extensive bill contains a number of provisions of interest. Specifically, regarding property management, the bill includes the following: $25 billion in rental assistance pushed out through state and local governments. … [Continue reading...]
CDC Eviction Moratorium Order for Nonpayment of Rent
September 22, 2020 Update: HUD Finalizes Changes to Disparate Impact Rule applies to all Landlords for the 30-day ent demand. On September 22, 2020, Governor Jared Polis issued an executive order requiring all Landlords to notify their tenants of the CDC’s order on temporarily halting evictions for non-payment of rent through December 31, 2020. Do you have questions about the Executive … [Continue reading...]
2019 Priority Bills Affecting the Residential Rental Property | Colorado
The following are priority bills affecting the Residential Rental Property industry. Are you a self-managing landlord confused over new legislation? Contact us about our management services in the Denver and Boulder areas. End of Session Report 2019 Courtesy of the Colorado Apartment Association The First Regular Session of the Seventy-first General Assembly convened on Jan. 4, 2019 and … [Continue reading...]
