Bill

Bill > HB1092


CO HB1092

CO HB1092
Rent Increases by Landlord to Tenant


summary

Introduced
01/23/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead
02/19/2025

Introduced Session

2025 Regular Session

Bill Summary

Under current law, a landlord may initiate a no-fault eviction of a tenant if the tenant refuses to sign a new rental agreement with reasonable terms. The bill clarifies that, for purposes of determining whether a new rental agreement includes reasonable terms, a rent increase in the new rental agreement is reasonable if the landlord increases rent in view of fair market rent, as evidenced by the rental amount of comparable properties. Also under current law, a landlord is prohibited from increasing a tenant's rent in a discriminatory, retaliatory, or unconscionable manner. The bill clarifies that a rent increase is not discriminatory, retaliatory, or unconscionable if the landlord provides evidence showing that the rent increase is in line with fair market rent, as evidenced by the rental amount of comparable properties.

AI Summary

This bill clarifies provisions related to rent increases and no-fault evictions in Colorado by establishing guidelines for what constitutes a reasonable rent increase. Specifically, the bill defines a reasonable rent increase as one that aligns with fair market rent, which can be determined by comparing rental amounts of similar properties in the area. Under the proposed changes, a landlord can initiate a no-fault eviction if a tenant refuses to sign a new rental agreement, but only if the new terms are considered reasonable, with rent increases now explicitly defined as reasonable when they reflect current market rates. The bill also modifies existing law regarding retaliatory rent increases, stating that a rent increase will not be considered discriminatory, retaliatory, or unconscionable if the landlord can provide evidence that the increase matches fair market rates and the property could be rented to a new tenant at the increased rate in an arm's-length transaction. The bill would take effect after the standard legislative review period, with a potential referendum that could delay implementation until voter approval in the November 2026 election.

Committee Categories

Housing and Urban Affairs

Sponsors (2)

Last Action

House Committee on Transportation, Housing & Local Government Postpone Indefinitely (on 02/19/2025)

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