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Special situations in property management Colorado

 

How are renters and owners affected by special circumstances and situations that arise in property management Colorado? Let us discuss a few special cases:

 

A major example of such 'special situations' is when the landlord sells his property. In normal cases, the lease agreement simply continues and the new owner must live up to the terms of the lease agreements as well as the law. However, in other cases; the new owner may want to change a few things including sprucing up the property. In these cases, tenants are likely to receive notices about rent increases, or new landlord rules/regulations and even termination notices(for tenants living on month-to-month basis). It is important that tenants receive at least a 30-day advance notice in all these cases.

 

Then there are cases where tenants pay utility bills through their landlords. It is important that when utility related problems arise; a tenant must approach the landlord and report them. Tenants may even seek legal help when landlords cut off their utility or illegally lock them out.

 

A tenant also has some limitations regarding making structural changes to the rental units; he/she may not take down walls or widen areas or make changes for decorative purposes. A landlord must give written consent if he agrees to such modifications. Tenants may not compel the landlord for such property modifications.However, if allowed,they may be asked to pay for the modifications.

 

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