Ex. Summary:
House Bill 24-1098 strengthens tenant protections in Colorado by requiring landlords to have just cause for evictions, prohibiting arbitrary lease terminations, and ensuring adequate tenant notice and mediation rights. The legislation limits no-fault evictions, mandates 90 days’ notice for certain lease terminations, and restricts retaliatory rent increases. Additional provisions safeguard mobile home tenants and low-income renters by granting them extra time to address lease violations and requiring mediation before eviction proceedings. Tenants can challenge unlawful evictions in court, and landlords who violate the law may face legal penalties. While the bill enhances housing stability and tenant security, it also introduces new regulatory burdens on landlords, potentially impacting rental property management and investment decisions.