Statement of Extension of Term - Colorado

Statement of Extension of Term - Colorado

Statement of Extension of Term is a legal document that was released by the Colorado Secretary of State - a government authority operating within Colorado.

FAQ

Q: What is the Statement of Extension of Term in Colorado?
A: The Statement of Extension of Term is a document used in Colorado to extend the term of a lease agreement.

Q: Why would someone need to extend the term of a lease agreement?
A: Someone may need to extend the term of a lease agreement if they want to continue renting the property for a longer period of time.

Q: How long can the term of a lease agreement be extended for?
A: The term of a lease agreement can be extended for any length of time as agreed upon by the landlord and tenant.

Q: Is there a specific form for the Statement of Extension of Term in Colorado?
A: Yes, there is a specific form that needs to be completed and signed by both the landlord and tenant when extending the term of a lease agreement.

Q: Can the terms of the lease agreement be changed when extending the term?
A: Yes, the terms of the lease agreement can be renegotiated and changed when extending the term, but both parties must agree to the changes.

Q: Are there any fees associated with extending the term of a lease agreement?
A: There may be fees associated with extending the term of a lease agreement, such as an extension fee or a rent increase, but these details should be specified in the agreement.

Q: What happens if the landlord or tenant does not agree to extend the term of the lease agreement?
A: If either the landlord or tenant does not agree to extend the term of the lease agreement, the agreement will end on its original termination date.

Q: Can a lease agreement be extended multiple times?
A: Yes, a lease agreement can be extended multiple times as long as both the landlord and tenant agree to the extensions.

Q: Is it necessary to have a lawyer review the Statement of Extension of Term in Colorado?
A: While it is not required to have a lawyer review the Statement of Extension of Term, it is recommended to seek legal advice when making changes to a lease agreement.

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Form Details:

  • Released on December 1, 2009;
  • The latest edition currently provided by the Colorado Secretary of State;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Colorado Secretary of State.

Download Statement of Extension of Term - Colorado

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