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Notice of Option for Recording Colorado Form

Notice of Option for Recording Colorado Form

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[Music] hey real estate nerds this is Alex yod with Pro tip Tuesday my favorite day of the week and today I'd like to talk about a frequently Asked question which is how much notice do I have to give to my tenant if I'm planning on raising the rent so their lease is coming up and is going to be expiring soon and if they're going to be renewing I'm going to need an increase a lot of property owners are seeing uh pretty major increases in taxes taxes and insurance and things like this and are in a position where they need a higher amount to renew the tenant so they can cover their expenses so asking for an increase is fairly common but the question again is how much notice do I need to give to my tenant that I'm going to be increasing the rent there is no technical legal requirement of the number of days you have to give it to raise the rent however if the tenant does not agree to your increase and does not sign a lease does not agree to sign a lea

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