rental market
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Bill to ban evictions without ‘just cause’ dies in Colorado Senate
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An effort to prohibit landlords from evicting residential tenants without “just cause” met an unceremonious end in the last days of Colorado’s 2023 legislative session. House Bill 1171 would have only allowed evictions or lease terminations if the tenant does something wrong, such as failing to pay rent or violating lease agreements. It would have also required…
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Caps for pet rent, deposits pass Colorado legislature
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A bill to cap the amount of money landlords can charge tenants for having a pet passed its final vote in the Colorado legislature Wednesday, and now only needs the governor’s signature to become law. If signed into law, House Bill 1068 would limit pet rent to 1.5% of the owner’s monthly rent or $35 per month, whichever…
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Caps on rental income requirements, security deposits pass Colorado Senate
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A bill seeking to qualify low-income Coloradans for much more rental housing cleared the Senate on Monday. Most landlords require tenants to earn at least three times the amount they charge for rent. In 2022, the average monthly cost of a one-bedroom apartment in Colorado stood at $1,364. That means tenants must make at least $49,104…
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Lawmakers advance caps on rental income requirements, security deposits in Colorado
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Coloradans with low incomes could qualify for much more rental housing under a new bill making its way through the state legislature. Most landlords require tenants to earn at least three times the amount they charge for rent. In 2022, the average monthly cost of a one-bedroom apartment in Colorado was $1,364. That means tenants…