Colorado Month-to-Month Lease Agreement Template
The Colorado Month-to-Month Lease Agreement enables an arrangement between a lessee and a lessor wherein there is no lease termination date. Instead, the agreement renews every month, providing both parties with the ability to opt-out with comparatively short notice. This type of lease agreement is especially favorable for tenants who are not looking to reside at a location for the standard one (1) year term that one would be obliged to subscribe to in the usual residential lease agreement.
Rent Increase (§ 38-12-701) – A landlord may increase the rent of a tenancy with a term that is greater than one (1) month but less than six (6) if they provide twenty-on (21) days’ notice.
Minimum Termination Notice (§ 13-40-107)- A tenancy with a term that is greater than one (1) month but less than six (6) can be terminated with seven (7) days’ notice. A tenancy between one (1) week and one (1) month can be terminated with three (3) days’ notice.