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As a landlord, there may be times when you may need to break a tenant's lease due to certain circumstances. If a tenant breaks their lease, it can become an issue, but what about when a landlord does it?
Understanding the ins and outs of lease termination in Denver, CO if you rent property here is important.
So, can a landlord break a lease in Denver? Read on to find out more about this important topic.
Lease and Landlord Legalities
A lease is a legal agreement between a tenant and a landlord for a pre-determined amount of time, typically one year. Both the landlord and the tenant must legally abide by the terms of the lease.
If a tenant moves out before the lease ends, they have technically broken the lease. But, what about the landlord and if or when they decide that breaking a lease is necessary? Let's look deeper into why or when lease termination in Denver might be legal.
Can a Landlord Break a Lease?
If you wonder, can a landlord break a lease in Denver, the answer depends on current Denver lease laws. For example, you can't simply break a lease if your tenant isn't very friendly and you just want them to leave.
However, you can break a lease if your tenant has not paid their rent or if they have violated one or more specific clauses in the lease. If the tenant continually has loud parties that disturb others, it's technically a violation. Even if you can legally break the lease, you must still follow specific procedures before evicting the tenant.
Notice of Eviction
While there are certainly tenant rights, there are also landlord rights in Denver. If your tenant hasn't paid rent, you must give them ten day's notice to pay or leave the property before you can file an eviction lawsuit.
If the tenant has repeatedly violated classes in the lease, you can give them an "unconditional quit notice." This notice requires your tenant to move out within 10 days of receiving the notice. When it comes to clause violations, it's important to notify or warn the tenant about those violations in writing before giving them an eviction notice.
Include an Early Termination Clause
One way to protect yourself is to include an early termination clause in the lease. This clause details the terms and consequences that may come if a tenant breaks their lease early.
You might be allowed to ask the tenant to pay a penalty if they move out before the lease period ends. This penalty is used to help you cover any unpaid rent, tenant screening costs, and other expenses.
Know Your Rights and the Law
Can a landlord break a lease in Denver, CO? If your tenant doesn't pay their rent or if they violate any clauses in their lease, then you legally have the right to break their lease early.
Laureate, Ltd has been satisfying property owners in the Denver, CO area since the 1980s, so contact us today to find out how we can help you.
