Colorado Springs Residential Lease Agreement

Colorado Springs Template_1 on iPropertyManagement.com

A residential lease agreement in Colorado Springs is a binding document between a landlord and a tenant. This agreement outlines the terms and conditions surrounding the use of a rental property in exchange for payment.

Residential Lease Agreement Requirements in Colorado Springs

Colorado Springs has no city-specific residential lease agreement requirements or disclosures. As such, landlords and tenants in Colorado Springs follow Colorado requirements for lease agreements .

Landlord-Tenant Rights and Regulations in Colorado Springs

When it comes to landlord-tenant rights , Colorado Springs landlords should be aware of the following:

Tenant-Based Rental Assistance

Housing and Maintenance Code

Similar to State law, Colorado Springs has their own local housing and maintenance code that outlines the responsibilities of both tenants and property owners. This code covers a variety of topics, including: [1]

Optional Lease Agreement Disclosures and Addendums in Colorado Springs

While not mandatory, landlords can add specific disclosures and addendums to their leases. This helps outline the responsibilities of the tenant and can prevent future liability issues.

Fire Safety Disclosure

Due to Colorado’s higher wildfire risk , landlords may want to include a fire safety disclosure along with the lease agreement. This should provide information relating to smoke detectors, fire sprinklers, fire safety systems, alarms, and evacuation plans.

Parking Rules Addendum

Since Colorado Springs is primarily a driving city, landlords may want to include a parking addendum to clearly outline the building’s parking policy. This should include information on assigned parking spots, street parking rules, and any prohibited uses of the parking space.

Summary of Required Lease Disclosures for the State of Colorado

Sources

Every owner of a dwelling containing two (2) or more dwelling units or rooming units shall be responsible for maintaining in a clean and sanitary condition the shared or public areas of the dwelling and premises.

Before signing a lease agreement for residential real property, the landlord shall disclose and provide in writing to the tenant the following information in a document that the tenant signs to acknowledge receipt of the disclosure:

(I) A warning statement in bold-faced type that is clearly legible in substantially the same form as is specified as follows:

The Colorado Department of Public Health and Environment strongly recommends that ALL tenants have an indoor radon test performed before leasing residential real property and recommends having the radon levels mitigated if elevated radon concentrations are found. Elevated radon concentrations can be reduced by a radon mitigation professional.

Residential real property may present exposure to dangerous levels of indoor radon gas that may place the occupants at risk of developing radon-induced lung cancer. Radon, a Class A human carcinogen, is the leading cause of lung cancer in nonsmokers and the second leading cause of lung cancer overall. A landlord is required to provide the tenant with any known information on radon test results of the residential real property.

Before signing a lease agreement for residential real property, the landlord shall disclose and provide in writing to the tenant the following information in a document that the tenant signs to acknowledge receipt of the disclosure:

(II) Any knowledge the landlord has of the residential real property’s radon concentrations, including the following information:

(A) Whether a radon test or tests have been conducted on the residential real property; (B) The most current records and reports pertaining to radon concentrations within the residential real property; (C) A description of any radon concentrations detected or mitigation or remediation performed; and (D) Information regarding any radon mitigation system, including a system description and documentation, if a radon mitigation system has been installed in the residential real property; and (III) A copy of the most recent brochure published by the department of public health and environment in accordance with section 25-11-114 (2)(a) that provides advice about radon in real estate transactions.

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