SB 17-245

Senate Bill 17-245, which has been signed into law, changes how landlords and tenants can end a lease or increase rent for leases that are one month to less than six months long. Currently, either party needs only 7 days' notice to terminate the lease, but this bill extends that period to 21 days. Additionally, if a landlord wants to raise the rent under these lease terms, they must now give at least 21 days' notice instead of the previous shorter notice period. This affects tenants and landlords with leases in this specific duration range. Since it has been signed, the bill is now law and enforceable.

Official Summary

Currently, a tenancy of one month or more but less than 6 months may be terminated by either party with 7 days' notice. The bill extends the notice to 21 days. The bill also requires 21 days' notice for a landlord to increase rent in tenancies of one month or longer but less than 6 months. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

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