COLORADO
RESIDENTIAL LEASE AGREEMENT
This Lease Agreement (hereinafter, the "Lease Agreement") is dated as of _________ (hereinafter, the "Effective Date") and is entered into by and between _________ (hereinafter, the "Landlord") and the following residents:
_________
(hereinafter, the "Tenant(s)").
The Landlord and the Tenant(s) agree as follows:
1. PROPERTY
A. The Landlord is the owner of certain real property and improvements described as a house located at _________, _________, Colorado _________ (hereinafter, the "Property").
B. The Landlord rents to the Tenant(s) and the Tenant(s) rents from the Landlord the Property according to the terms and conditions described in this Lease Agreement.
C. Unless otherwise indicated in the Lease Agreement, no other portion of the building (hereinafter, the “Building”) is included in the Lease.
D. Unless otherwise indicated in the Lease Agreement, the Property is for the sole use as a personal residence by the person(s) named above only.
2. TERM
The term of the Lease Agreement begins on _________ (hereinafter, the "Commencement Date"), and shall continue from that date as a month-to-month tenancy.
The Tenant(s) may terminate the tenancy by giving the Landlord written notice of intention to terminate the tenancy at least 30 days prior to the intended termination date.
The Landlord may terminate the tenancy by giving the Tenant(s) written notice of intention to terminate the tenancy at least 30 days prior to the intended termination date.
Such notices may be given on any date.
The Tenant(s) shall vacate the Property upon termination of the Lease Agreement, unless:
(i) The Landlord and the Tenant(s) have, in writing, extended this agreement or signed a new agreement.
(ii) Mandated by local rent control law.
(iii) The Landlord accepts Rent from the Tenant(s) (other than past due Rent), in which case a month-to-month tenancy shall be created which either party may terminate.
All other terms and conditions of this Agreement shall remain in full force and effect.
3. MANAGEMENT
The Tenant(s) is hereby notified that the Owner or Landlord _________ is the property manager in charge of repairs or maintenance of the Property.
If the Tenant(s) has any complaint regarding any issue about the Property, _________ shall be contacted by one of the following methods:
Address: _________
Telephone: _________
Email: _________
4. RENT
The Tenant(s) shall pay the Landlord monthly rent in the amount of $_________ (hereinafter, the "Rent") for each full month during this lease. The full month's rent is due and payable not later than the 1st day of each month. If that day falls on a legal holiday, the Rent is due on the next business day.
Place of Payment:
The Tenant(s) shall remit all rent payment amounts owed to the Landlord under this Lease Agreement to the Landlord and make all amounts payable to the following address:
_________
The Landlord may later change the person and place to which the Tenant(s) must remit the rental amounts due under this Lease Agreement.
Method of Payment:
The Tenant(s) shall pay Rent by selecting any of the following forms of payment (select one or more):
If the Landlord agrees that the Tenant(s) shall have the right to sub-let the Property or any part thereof, or in the event that the Property is leased under any form of multiple or joint tenancy, the Tenant(s) shall be responsible for collecting the lease payment from the sublessee(s) or joint lessee and submitting it to the Landlord in a single and complete payment.
Moreover, the Tenant(s) shall be responsible for any lease payment not received by the Landlord by the due date stated in the present Lease Agreement. All partial payments made for an incomplete monthly period shall be pro-rated at the rate of 1/30th of the monthly lease payment per day.
Lastly, the Landlord shall have the option to accept or reject payments made by third parties, but such acceptance or rejection of payment shall not imply a future obligation to accept or reject payments submitted by third parties.
5. OCCUPANTS
During the term of this Lease Agreement, the only individuals permitted to reside on the Property are the following:
_________
The Tenant(s) may not allow any guest to stay on the Property longer than _________ consecutive days or _________ days in a calendar year. The Tenant(s)'s guests shall not be considered original occupants of the Property under any circumstances.
The amount of time the Tenant(s)'s guests may stay on the Property may never be longer than the time permitted by any owners' association rule or restrictive covenant or _________ consecutive days or _________ days in a calendar year, without Landlord's written permission, whichever is less.
6. PARKING
Parking spaces for motor vehicles or motorcycles are not provided nor permitted on the Property under this Lease Agreement.
7. SMOKING
Smoking is not allowed in or on any area of the Property, including individual units and common areas, both indoors or outdoors. This policy applies to all owners, tenants, or guests.
If the Tenant(s) contravenes this provision by smoking or allowing guests to smoke in any place on the property, then such Tenant(s) shall be held liable for any damages caused to the Property. The violation of this provision shall be considered a just cause for the eviction of the Tenant(s) by the Landlord.
This restriction includes e-cigarettes and vaping.
8. MAINTENANCE
The Landlord will have the responsibility to maintain the Property in good condition at all times and perform all repairs reasonably necessary to meet the implied warranty of habitability of the Property, that is, that the property is in a safe and livable condition.
9. REPAIRS
All requests for repairs must be in writing and delivered to the Landlord. Only in the event of an emergency related to the condition of the Property that materially affects the physical health or safety of an ordinary tenant, the Tenant(s) may call the Landlord.
The Tenant(s) may not repair or cause to be repaired any condition, regardless of the cause, without the Landlord's permission. All decisions regarding repairs, including the completion of any repair, whether to repair or replace the item, and the selection of contractors, will be at the Landlord's sole discretion.
If, in an emergency, it shall become necessary to make any repairs or replacements by the Tenant(s) without prior written consent from the Landlord, at Landlord's expenses, and such repairs or replacements are found to be unsatisfactory and to have caused additional damages, the Tenant(s) shall reimburse Landlord for the cost of making such repairs.
10. UTILITIES AND SERVICES
The Tenant(s) shall be solely responsible for and shall pay expenses for all utilities and services used or consumed at the Property.
11. DEFAULTS
If the Tenant(s) fails to comply with any of the material provisions of this Lease Agreement or materially fails to comply with any duties imposed on the Tenant(s) by statute or state laws, the Landlord may give the opportunity to remedy the default by sending a written notice informing the Tenant(s) of such default. If the Tenant(s) does not remedy the default within the indicated time, the Landlord may terminate the Tenant(s)'s right to use and to occupy the Property by providing Tenant with written notice of such default.
If the Tenant(s) fails to pay rent when due, after delivery of written notice by the Landlord for payment of the rent or possession of the Property the Landlord may terminate the Lease Agreement.
The rights provided by this paragraph are cumulative in nature and are in addition to any other rights afforded by law.
12. HAZARDOUS MATERIALS
The Tenant(s) shall not keep or have on the Property any article or item of a dangerous, flammable, or explosive material that might unreasonably increase the danger of fire or explosion on the Property or that might be considered hazardous or extra hazardous by any responsible insurance company.
13. LANDLORD ACCESS TO PROPERTY
The Landlord and the Landlord's agents shall have the right at all reasonable times, and by all reasonable means during the Term of this Lease Agreement and any renewal thereof, to enter the Property for the following purposes:
a. Survey the Property's condition and take photographs to document the condition.
b. Make repairs or improvements to the Property.
c. Supply agreed services.
d. Show the Property to prospective buyers or tenants.
e. Exercise a contractual or statutory lien.
f. Leave a written notice.
g. Seize nonexempt property if the Tenant(s) is in default.
Except in case of emergency, the Landlord will give the Tenant(s) reasonable notice of intent to enter. For these purposes, forty-eight (48) hour written notice will be deemed reasonable.
14. ASSIGNMENT/SUBLETTING
The Tenant(s) shall not, without the prior written consent of Landlord, which may be withheld at the Landlord's sole discretion, voluntarily or involuntarily assign, this Lease Agreement or any interest herein or sublet the Property or any part thereof.
The Tenant(s) is specifically prohibited from offering all or part of the Property for short-term rentals such as through Airbnb, VRBO, or other such sites or programs. Any advertising or online postings, as well as actual rentals of the Property to vacation or short-term guests, shall constitute a material breach of this Lease Agreement.
Any person who is not a Tenant who occupies any portion of the Property, for any period of time whatsoever, for any compensation or consideration whatsoever (including, without limitation, the payment of money and/or trade and/or barter of other goods, services, or property occupancy rights) is NOT a guest, and such occupancy constitutes unauthorized subletting or assignment which is a substantial and material breach of this Lease Agreement.
15. NOTICES
Notice under this Lease Agreement will be given in accordance with the applicable statute. All other notices shall be deemed sufficient if made as follows:
(i) All notices to the Landlord shall be directed by personal delivery or first-class mail to the Landlord at the appropriate address set forth below, until the Tenant(s) is notified, in writing, to the contrary.
(ii) All notices to the Tenant(s) shall be directed by personal delivery or first-class mail to the Tenant(s) at the Leased Property or any forwarding address provided in writing by the Tenant(s) to the Landlord.
Landlord:
_________
_________
Tenant(s):
_________
_________, _________, Colorado _________
Such addresses may be changed from time to time by any party by providing notice as set forth above.
16. VENUE AND GOVERNING LAW
The exclusive venue is in the county where the Property is located. This Lease Agreement shall be governed, construed, and interpreted by the Laws of the State of Colorado.
IN WITNESS WHEREOF, the Landlord and the Tenant(s) have executed this Lease Agreement in the manner prescribed by law as of the Effective Date.
Landlord:
By: ____________________________ Date: ______________
_________
Tenant:
By: ____________________________ Date: ______________
_________
Lease Agreement
Inspection Checklist
Address: _________, _________, Colorado _________
The Tenant(s) has inspected the Property and states that the Property is in satisfactory condition, free of defects, except as noted below:
| SATISFACTORY | COMMENTS |
Bathrooms | _________ | _________________________ |
Carpeting | _________ | _________________________ |
Ceilings | _________ | _________________________ |
Closets | _________ | _________________________ |
Countertops | _________ | _________________________ |
Dishwasher | _________ | _________________________ |
Disposal | _________ | _________________________ |
Doors | _________ | _________________________ |
Fireplace | _________ | _________________________ |
Lights | _________ | _________________________ |
Locks | _________ | _________________________ |
Refrigerator | _________ | _________________________ |
Screens | _________ | _________________________ |
Stove | _________ | _________________________ |
Walls | _________ | _________________________ |
Windows | _________ | _________________________ |
Window coverings | _________ | _________________________ |
_________ | _________ | _________________________ |
_________ | _________ | _________________________ |
_____________________
Date
Tenant:
By: ____________________________ Date: ______________
_________
Acknowledged by Landlord:
By: ____________________________ Date: ______________
_________