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Financial Services Law Insights and Observations

Colorado governor extends default notice period for tenants affected by Covid-19

State Issues Covid-19 Mortgages Evictions

State Issues

On April 20, the governor of Colorado issued an executive order providing additional protections for tenants at risk of eviction due to the impact of Covid-19. The order suspends portions of the Colorado statutes that require landlords to provide tenants with 10 days’ notice of default on rent payments during which the tenant may cure the default. The order instead requires landlords to provide 30 days’ notice of any default for nonpayment of rent on or after March 10, 2020. During this 30-day period, landlords are prohibited from initiating an action for forcible entry and tenants have the opportunity to cure any default.

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