New Radon Rules For Colorado Real Estate Investors - What Landlords and Tenants Need to Know

Over the past few months, we've covered various laws enacted by the Colorado legislature, impacting real estate investors in Colorado. These changes range from tenant screening reports to landlord credit score assessments. The newest law is SB23-206, which introduces new Radon rules for landlords and property transactions.
Colorado is known for having high levels of Radon, an invisible gas that can pose health risks. The title of this bill is "Concerning Information about Radon in Residential Real Property Transactions." While it primarily focuses on property sales, it does have implications for tenants and property managers.
Grace Property Management & Real Estate - serving real estate investors and residents since 1978.
Grace Property Management & Real Estate
2200 E 104th Ave Suite #105 Thornton, CO 80233, United States
303-255-1990
www.rentgrace.com/
#GracePropertyManagement #DenverPropertyManagement #ThortonPropertyManagement #DenverRealEstate #DenverRealEstateInvestors #ColoradoPropertyManagement #DenverLandlords #rent #newproperty

[@mdrazumiwa]

Thanks. share this information

[@kathypeterson9390]

What are our responsibilities for existing leases? And what about mitigating in a condominium complex?

[@gracepmdenver]

You would need to provide the newly required disclosures when you do a lease renewal with your current tenant. The new rules DO apply to condos, townhouses, and apartments as well.

[@deltauniformtangocharlieho2795]

Oh, another trip-wire lease-voiding law for landlords from the marxo-communist supermajority on Colfax avenue. Surprise surprise.
BTW Mark, it's pronounced "peek-o-cure-eezz"