Ex. Summary:
House Bill 21-1121 strengthens tenant protections by extending eviction timelines, limiting rent increases, and imposing stricter notice requirements for landlords. It prevents evictions from being enforced for at least 10 days after a court judgment, giving tenants additional time to relocate or appeal. The bill restricts rent increases to once a year, regardless of lease type, and mandates a 60-day notice for residential rent increases when no written lease exists. It also prohibits landlords from using excessive rent hikes to evict tenants. While the law enhances housing stability and combats predatory rental practices, it also imposes landlord compliance requirements. It may restrict their ability to adjust rents in response to market changes. Overall, the bill promotes fairness in rental agreements and helps prevent unnecessary displacement.