Create a Colorado Lease Agreement with our attorney-drafted template!
A Colorado lease agreement is a legally binding agreement between a landlord and a tenant who wants to lease the property described in the document. It explains the obligations of both the landlord and the tenant. Other provisions that may go into a Colorado lease agreement will depend on the type of lease. For example, a residential agreement may have different provisions than a commercial lease agreement. A commercial lease agreement may have a longer term period (such as five years) than a residential agreement (which may be monthly or yearly).
The most commonly used Colorado lease agreements include commercial, residential, annual (standard), month-to-month, roommate agreement, and a sublease. All leases must comply with Colorado state law.
Writing a Colorado lease agreement largely depends on the type of lease agreement. While all lease agreements may have some common elements (such as the term of the lease, the amount of rent, and a description of the property), they will have information specific to the type of lease. Finally, a sublease should match the master lease and should not be entered into unless you have the written permission of the landlord. The most common information that must be put into a Colorado lease agreement includes:
Colorado doesn't require landlords to provide tenants with any specific disclosures. However, if a residential unit was built before 1978, federal law requires that you provide a lead-paint hazard disclosure.
In Colorado, there is no maximum security deposit set by law. If the lease doesn't specifically mention when the security deposit will be returned, is must be returned within one month. However, any mention of a return in the lease may not exceed 60 days. Additionally, if the tenant broke the lease because of a hazard condition, they must receive their money back within 72 hours.