Published in Real Estate Agent Magazine
Attorney Lisa Cancanon highlights the significant updates brought about by Senate Bill 24-094, which revises Colorado’s warranty of habitability laws. Set to take effect on May 3, 2024, these changes emphasize tenant rights and place new obligations on landlords. As Lisa states, “Landlords must take proactive steps to ensure their lease agreements, policies, and operations align with the law to protect both their properties and financial interests.”
The article outlines key provisions of the law, such as prompt remediation of uninhabitable conditions, temporary relocation for tenants during repairs, and updated lease agreement requirements. Lisa also offers practical advice on steps landlords should take to remain compliant, including regular property inspections, clear tenant communication, and maintaining thorough documentation. For landlords navigating these changes, this article provides an essential guide to ensuring legal compliance and safeguarding investments. Read more here.