Colorado Lease Renewal Agreement
Residential Lease Renewal – HB 24-1098 Compliant
This Lease Renewal Agreement extends an existing residential lease for a new term with updated terms. Under Colorado’s HB 24-1098 (effective January 1, 2025), landlords must offer renewal to tenants who have resided in the property for 12+ months before pursuing non-renewal, unless just cause exists. This form documents the renewal offer, any changes to lease terms, and both parties’ agreement to continue the tenancy.
📋 Original Lease Information
👥 Parties to This Agreement
🔄 Renewal Term
HB 24-1098 Compliance: For tenants with 12+ months of tenancy, landlords must offer a renewal before issuing a non-renewal notice, unless just cause exists. This renewal offer satisfies that requirement.
💰 Rent Terms
Rent Calculation
🔐 Security Deposit
Colorado Law: Security deposits are limited to 2 months’ rent (C.R.S. § 38-12-103). Any increase cannot cause the total deposit to exceed this limit.
📝 Changes to Lease Terms
Check all terms that are being modified from the original lease. Unchanged terms from the original lease remain in effect.
📄 Additional Terms & Conditions
📚 Incorporation of Original Lease
Original Lease Terms Remain in Effect
Except as specifically modified by this Renewal Agreement, all terms and conditions of the original lease agreement dated _____________ shall remain in full force and effect for the renewal term. In the event of any conflict between this Renewal Agreement and the original lease, this Renewal Agreement shall control.
✍️ Signatures
Landlord/Property Manager
Tenant(s)
Colorado Lease Renewal Agreement – Complete Guide
A Lease Renewal Agreement extends an existing residential lease for a new term, either with the same terms or with modifications agreed upon by both landlord and tenant. In Colorado, lease renewals have taken on new importance with the passage of HB 24-1098, which requires landlords to offer renewals to long-term tenants before pursuing non-renewal.
HB 24-1098 and Lease Renewals
Colorado’s Just Cause Eviction Law (HB 24-1098), effective January 1, 2025, significantly impacts lease renewals:
- Renewal Offer Required: For tenants who have resided in a property for 12 or more months, landlords must offer a renewal before issuing a non-renewal notice
- Just Cause for Non-Renewal: If the tenant has been there 12+ months and the landlord doesn’t want to renew, just cause must be stated
- Documentation: Landlords should document renewal offers in case of disputes
When to Use a Lease Renewal vs. Extension
| Lease Renewal | Lease Extension |
|---|---|
| Creates a new lease term (e.g., another 12 months) | Extends current lease for a short period |
| Often includes updated terms (rent, policies) | Usually maintains all existing terms |
| Used at end of lease term | Used for brief extensions (1-3 months) |
| May require new signatures from all parties | Simpler amendment to existing lease |
Key Elements of a Colorado Lease Renewal
1. Identification of Original Lease
The renewal must clearly reference the original lease being renewed, including the property address and original lease dates.
2. New Term Dates
Specify the exact start and end dates of the renewal period. The new term should begin when the old term ends to avoid gaps or overlaps.
3. Rent Amount
State the monthly rent for the renewal term. If rent is increasing, ensure proper notice was given (typically 21-60 days depending on tenancy type).
4. Modified Terms
Clearly identify any terms that are changing from the original lease. Common modifications include rent amount, utility responsibilities, pet policies, and parking arrangements.
5. Unchanged Terms
Include language stating that all terms not specifically modified remain in effect from the original lease.
Rent Increases at Renewal
Colorado does not have statewide rent control, but landlords should follow best practices:
- Provide adequate notice: Give tenants time to decide whether to accept the new rent
- Be reasonable: Large increases may drive good tenants away
- Document market rates: If challenged, show rent is comparable to similar units
- Consider tenant history: Long-term, reliable tenants have value
Security Deposit Considerations
When renewing a lease with a rent increase, landlords may want to increase the security deposit:
- Colorado limits security deposits to 2 months’ rent maximum
- If current deposit is below maximum, additional deposit may be requested
- Any additional deposit is typically due before the new term begins
- Original deposit continues to be held under the same terms
What Happens If Tenant Doesn’t Sign Renewal?
If a tenant doesn’t respond to or declines a renewal offer:
- Fixed-term lease: Lease expires on end date; tenant must vacate unless converted to month-to-month
- Month-to-month: Landlord may issue proper termination notice
- 12+ month tenants: HB 24-1098 just cause requirements may apply
Best Practices for Landlords
- Send renewal offers 60-90 days before lease expiration
- Put all renewal offers in writing
- Keep copies of all correspondence
- Give tenants reasonable time to respond (14-30 days)
- Be clear about deadlines for acceptance
- Consider tenant’s payment history when setting new rent
⚠️ Legal Disclaimer
This Lease Renewal Agreement form is provided for informational purposes to help Colorado landlords document lease renewals. Lease terms and landlord-tenant relationships can involve complex legal issues. If you have questions about specific situations, rent increases, or HB 24-1098 compliance, consult with a Colorado attorney familiar with landlord-tenant law. Both parties should review all documents carefully before signing.
Colorado Lease Renewal Agreement
Residential Lease Renewal - HB 24-1098 Compliant
This Lease Renewal Agreement extends an existing residential lease for a new term with updated terms. Under Colorado's HB 24-1098 (effective January 1, 2025), landlords must offer renewal to tenants who have resided in the property for 12+ months before pursuing non-renewal, unless just cause exists. This form documents the renewal offer, any changes to lease terms, and both parties' agreement to continue the tenancy.
📋 Original Lease Information
👥 Parties to This Agreement
🔄 Renewal Term
HB 24-1098 Compliance: For tenants with 12+ months of tenancy, landlords must offer a renewal before issuing a non-renewal notice, unless just cause exists. This renewal offer satisfies that requirement.
💰 Rent Terms
Rent Calculation
🔐 Security Deposit
Colorado Law: Security deposits are limited to 2 months' rent (C.R.S. § 38-12-103). Any increase cannot cause the total deposit to exceed this limit.
📝 Changes to Lease Terms
Check all terms that are being modified from the original lease. Unchanged terms from the original lease remain in effect.
📄 Additional Terms & Conditions
📚 Incorporation of Original Lease
Original Lease Terms Remain in Effect
Except as specifically modified by this Renewal Agreement, all terms and conditions of the original lease agreement dated _____________ shall remain in full force and effect for the renewal term. In the event of any conflict between this Renewal Agreement and the original lease, this Renewal Agreement shall control.
✍️ Signatures
Landlord/Property Manager
Tenant(s)
Colorado Lease Renewal Agreement - Complete Guide
A Lease Renewal Agreement extends an existing residential lease for a new term, either with the same terms or with modifications agreed upon by both landlord and tenant. In Colorado, lease renewals have taken on new importance with the passage of HB 24-1098, which requires landlords to offer renewals to long-term tenants before pursuing non-renewal.
HB 24-1098 and Lease Renewals
Colorado's Just Cause Eviction Law (HB 24-1098), effective January 1, 2025, significantly impacts lease renewals:
- Renewal Offer Required: For tenants who have resided in a property for 12 or more months, landlords must offer a renewal before issuing a non-renewal notice
- Just Cause for Non-Renewal: If the tenant has been there 12+ months and the landlord doesn't want to renew, just cause must be stated
- Documentation: Landlords should document renewal offers in case of disputes
When to Use a Lease Renewal vs. Extension
| Lease Renewal | Lease Extension |
|---|---|
| Creates a new lease term (e.g., another 12 months) | Extends current lease for a short period |
| Often includes updated terms (rent, policies) | Usually maintains all existing terms |
| Used at end of lease term | Used for brief extensions (1-3 months) |
| May require new signatures from all parties | Simpler amendment to existing lease |
Key Elements of a Colorado Lease Renewal
1. Identification of Original Lease
The renewal must clearly reference the original lease being renewed, including the property address and original lease dates.
2. New Term Dates
Specify the exact start and end dates of the renewal period. The new term should begin when the old term ends to avoid gaps or overlaps.
3. Rent Amount
State the monthly rent for the renewal term. If rent is increasing, ensure proper notice was given (typically 21-60 days depending on tenancy type).
4. Modified Terms
Clearly identify any terms that are changing from the original lease. Common modifications include rent amount, utility responsibilities, pet policies, and parking arrangements.
5. Unchanged Terms
Include language stating that all terms not specifically modified remain in effect from the original lease.
Rent Increases at Renewal
Colorado does not have statewide rent control, but landlords should follow best practices:
- Provide adequate notice: Give tenants time to decide whether to accept the new rent
- Be reasonable: Large increases may drive good tenants away
- Document market rates: If challenged, show rent is comparable to similar units
- Consider tenant history: Long-term, reliable tenants have value
Security Deposit Considerations
When renewing a lease with a rent increase, landlords may want to increase the security deposit:
- Colorado limits security deposits to 2 months' rent maximum
- If current deposit is below maximum, additional deposit may be requested
- Any additional deposit is typically due before the new term begins
- Original deposit continues to be held under the same terms
What Happens If Tenant Doesn't Sign Renewal?
If a tenant doesn't respond to or declines a renewal offer:
- Fixed-term lease: Lease expires on end date; tenant must vacate unless converted to month-to-month
- Month-to-month: Landlord may issue proper termination notice
- 12+ month tenants: HB 24-1098 just cause requirements may apply
Best Practices for Landlords
- Send renewal offers 60-90 days before lease expiration
- Put all renewal offers in writing
- Keep copies of all correspondence
- Give tenants reasonable time to respond (14-30 days)
- Be clear about deadlines for acceptance
- Consider tenant's payment history when setting new rent
⚠️ Legal Disclaimer
This Lease Renewal Agreement form is provided for informational purposes to help Colorado landlords document lease renewals. Lease terms and landlord-tenant relationships can involve complex legal issues. If you have questions about specific situations, rent increases, or HB 24-1098 compliance, consult with a Colorado attorney familiar with landlord-tenant law. Both parties should review all documents carefully before signing.
