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Colorado Notice to Tenants of Intent to Sell

Colorado law requires a landlord to give at least 14 calendar days written notice before showing or selling an occupied rental unit. Our AI builds a compliant Notice to Tenants of Intent to Sell in minutes, walks you through the security deposit transfer rules, and keeps attorney-review available if you want a licensed lawyer to check your notice before you send it.

Introduction

Imagine you're a landlord in Colorado, ready to sell your rental property. This decision kicks off a journey that involves more than just real estate agents and potential buyers; it involves the people who currently call your property home. Colorado law charts a clear path for this transition, starting with a crucial first step: communication. You must provide your tenants with at least 14 calendar days of written notice before the 'For Sale' sign goes up and showings begin. Our AI-powered tool doesn't just create a state-compliant Notice to Tenants of Intent to Sell; it guides you through the entire narrative, from properly notifying your tenants to the legal requirements for transferring their security deposit to the new owner, ensuring your story has a smooth and lawful conclusion.

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Key Things to Know

  1. 1

    Picture the moment the sale closes. Your tenant's security deposit doesn't vanish; it's passed like a baton to the new owner, who then becomes fully responsible for it.

  2. 2

    When potential buyers want to visit, how do you schedule it? Colorado law values a common-sense approach, asking for reasonable advance notice and entry at reasonable times, fostering cooperation instead of conflict.

  3. 3

    If your plan involves selling a vacant property, that's a different story. Ending a month-to-month lease requires its own separate 21-day written notice, a distinct legal step from simply announcing the sale.

  4. 4

    The first chapter of your property sale story must begin with a clear and timely message. In Colorado, this means giving your tenants a written heads-up at least 14 calendar days before showings start.

  5. 5

    Tenants often worry that a 'For Sale' sign means they're being evicted. Reassure them that a sale doesn't break a lease. The new owner simply steps into your shoes as landlord until the current lease term ends.

  6. 6

    As you prepare to step away, a critical legal duty is the transfer of the tenant's security deposit. This must be done within a reasonable time after the sale to the person or entity taking over the property.

  7. 7

    To complete the security deposit handover, you must send a final piece of mail to your tenant. This letter confirms the transfer and provides the new owner's name and address, ensuring the tenant knows who now holds their funds.

Key decisions before you file

Before you file a Notice to Tenants of Intent to Sell in Colorado, a few decisions shape the document: which option to choose and what each one means. The Notice to Tenants of Intent to Sell guide walks through them.

Open the Notice to Tenants of Intent to Sell guide

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A New Chapter for Your Colorado Rental Home: Notice of Intent to Sell

This document marks the beginning of a transition for the property you currently rent. Please consider this formal notification that the owner intends to sell the dwelling. We are committed to navigating this process with transparency and respect for your tenancy.

Date of Notice: ______________________

To Our Valued Tenant(s): ______________________ Regarding the Property At: ______________________, Colorado, ZIP __________

From the Landlord/Property Manager: ______________________ Best Contact Information: ______________________

1. The Purpose of This Communication

This letter is to inform you that we are beginning the process of selling the property. In the spirit of cooperation and to align with Colorado's standard practices for property sales, we are providing you this notice at least fourteen (14) calendar days before any showings or marketing activities are scheduled to begin at your residence. This advance warning is designed to give you ample time to prepare and to ensure the process is as smooth as possible for everyone involved.

2. Your Lease Agreement Remains Your Anchor

Let us be perfectly clear: the sale of this property does not invalidate your current lease agreement. Think of your lease as an anchor. If you have a fixed-term lease, that anchor holds firm until its expiration date. The new owner will inherit our role as your landlord and must honor the terms of your existing agreement, including your rent amount and the duration of your tenancy. Should you be on a month-to-month tenancy, the arrangement continues as normal. Any desire to end this type of tenancy, by either you or the future owner, would require a separate, 21-day written termination notice as required by Colorado law.

3. Arranging Showings and Property Access

To find the right buyer, we will need to provide access to your home for showings to prospective purchasers, as well as for inspections and appraisals. We promise to handle this with the utmost respect for your privacy and schedule. All entries will occur at reasonable times, and we will always provide you with reasonable advance notice. Below, we have suggested some potential windows for these visits. Our goal is to collaborate, not dictate.

  • Proposed Date & Time Window: ______________________
  • Proposed Date & Time Window: ______________________
  • Proposed Date & Time Window: ______________________

If any of these proposed times present a significant conflict for you, please reach out to us immediately so we can coordinate a more suitable arrangement.

4. The Journey of Your Security Deposit

5. Your Rent Obligations During the Sale Period

6. We Are Here to Answer Your Questions

We understand that this notice might spark some questions. For more insight into how this works, you can explore our comprehensive guide here: (/legal-document/notice-to-tenants-of-intent-to-sell). For any specific concerns about your lease or this notice, please contact us directly using the information provided at the top of this letter.

Signature of Landlord/Agent: ______________________ Printed Name: ______________________ Date of Signature: ______________________

Colorado Requirements for Notice to Tenants of Intent to Sell

14-Day Notice Before Showing or Sale

Provide the tenant at least 14 calendar days written notice before showing or selling an occupied Colorado rental unit, allowing reasonable time to prepare for access and marketing.

Lease Survives the Sale

State clearly that the sale does not end a fixed-term lease and that the buyer takes the property subject to the existing lease and its remaining term.

Security Deposit Transfer to Successor

Within a reasonable time after the landlord's interest ends by sale, assignment, death, receivership, or otherwise, transfer the deposit or any lawful remainder to the successor in interest.

Written Deposit Transfer Notice by Mail

After transferring the deposit, notify the tenant by ordinary mail of the transfer and provide the transferee's name and address so the tenant knows who now holds the funds.

Successor Assumes Deposit Duties

Confirm that the successor in interest, upon receiving the deposit, holds all the rights and obligations of a landlord holding that security deposit, including its return.

Reasonable Entry for Showings

Because Colorado sets no specific statutory hours rule for showings, follow the general national standard of reasonable advance notice and entry at reasonable times.

21-Day Month-to-Month Termination

If ending a month-to-month tenancy in connection with the sale, give 21 days written notice to terminate the periodic tenancy, separate from any notice to show or sell.

No Mandated State Form

Colorado does not codify a separate notice-format rule for sale-related residential tenant notices, so use a clear written notice identifying the parties, property, notice period, and tenant rights.

Frequently Asked Questions

Colorado expects at least 14 calendar days of written notice before I show or sell an occupied unit, per C.R.S. § 38-12-701. That gives my tenant time to prepare for access and marketing. I still schedule visits at reasonable times so their daily routine isn't disrupted.

No. A sale doesn't cancel a fixed-term lease in Colorado. Whoever buys the property takes it subject to the existing agreement and steps into my shoes as landlord, honoring the same rent and end date until the term runs out on its own.

Before I can sell the unit empty, I have to close out the month-to-month arrangement properly. Colorado's C.R.S. § 13-40-107 sets that at 21 days of written notice to vacate, delivered before the current rental period ends. This termination notice is separate from any showing notice.

Yes, I can market an occupied unit and bring buyers through. Colorado doesn't fix specific showing hours, so I rely on reasonable timing and the 14-day written notice already required. Keeping to normal daytime hours protects my tenant's quiet enjoyment while the sale moves forward.

Announcing a sale changes nothing about rent. My tenant's lease stays fully binding, so full payment is still due on the usual date each month. That continues until the lease ends or a new owner formally takes over and tells them where to send future rent.

Colorado publishes no official form for this. I draft the notice myself, naming the parties and property, stating my intent to sell, spelling out the notice period, and confirming my tenant's rights. A clear, complete letter is all the statute expects.

My tenant sees right away that I plan to sell, so nothing feels hidden. The notice I give lays out how I will arrange showings around their schedule, and it reassures them that their current fixed-term lease stays fully in force even once a new owner takes over.

So there is a clear record my tenant actually got it, I pick a delivery method that confirms receipt. Handing it over in person works, as does certified mail with a return receipt, or whatever delivery route the written lease already spells out.

My tenant's deposit stays protected through the sale because it passes from me to the buyer when the deal closes. From that point the new owner holds those funds and takes on the duty of returning them once the tenancy eventually ends.