Colorado House Bill 19-1118, signed into law on May 20, 2019, changes the time frame in which certain landlords must give notice to tenants prior to commencing eviction proceedings for failure to pay rent or for a first or subsequent violation of any other condition or covenant in a lease other than a substantial violation. Now, instead of having to give 3 days notice, under most residential lease agreements, a landlord is required to give 10 days notice. Under a nonresidential or an employer-provided housing agreement, a landlord still is required to give 3 days notice. For an exempt residential agreement, meaning for the lease of a single family home (condos and townhomes are not detached single family homes) by a landlord who owns 5 or fewer single family rental homes, 5 days notice is required. This is a big change for landlords, since it can slow down the eviction process by a week, which could impact the timeline for getting a new tenant into the property and paying rent.
We had a great experience with Christopher Kelly taking care of our Trust. He was incredibly helpful and thorough and was able to meet our request in a very timely manner. The virtual signing was also a huge plus with Shari doing a great job with some of our technical issues.