Denver Rental License Inspections
3 reasons scheduling a Denver Rental License Inspection sooner rather than later can be beneficial:
- Don’t Procrastinate – Avoid Penalties and Fines:
- Denver has specific regulations regarding long-term rental properties, and it is now a requirement to have a valid rental license for your single-family home starting January 1st, 2024. If you fail to obtain this license in a timely manner, you may be subject to fines and penalties. Scheduling the inspection promptly ensures you are on the correct path to remain in compliance with local laws and avoid unnecessary financial burdens.
- If you or someone you know has a multi-unit property, they should get the rental license process started and schedule an inspection today because that was required starting January 1st, 2023. Even properties that have different addresses on the same plot of land were supposed to be licensed in 2023. Do you own a duplex or a property that might fall into this category? It would be a good idea to determine if you need an inspection now to avoid fines or penalties.
- Ensuring Tenant Safety and Satisfaction:
- A timely inspection helps ensure that your rental property meets the necessary safety standards and is in good condition for your tenants. It allows you to identify and rectify any potential hazards or maintenance issues promptly. This not only keeps your tenants safe but also contributes to their overall satisfaction, which can lead to better tenant retention and positive word-of-mouth referrals.
- Preventing Disruption to Rental Income:
- Delays in scheduling the inspection can lead to potential disruptions in rental income in the future. If the inspection is not up-to-date or completed in time, you may be prohibited from legally renting out your property. This could result in a loss of income until the necessary inspections are completed and the proper licenses are obtained. By scheduling the inspection promptly, you minimize the risk of income loss and maintain a steady flow of rental revenue.
In summary, scheduling a Denver Rental License Inspection promptly helps you avoid legal penalties, ensures tenant safety and satisfaction, and prevents disruptions to your rental income. Acting now can save you time, money, and potential headaches in the future. Plus, as we get closer to the end of the year, all of the inspectors on the list will have busy schedules. Now is the time to book! You don’t want to have to wait multiple months to get the inspection scheduled!
I would love to be a resource about this program because some properties may not need an inspection today! This is a very new program with many nuances, and I have been learning as much as I can about what Denver is looking for in rental properties and what is required of landlords. I’ve talked with different property owners with varying opinions about this program, and I’m here to help! Every property is different, and I want to make this process as easy as possible for my clients!
Please don’t hesitate to reach out for more information. You can call me at (720) 822-0612 or email me at ben@balancedinspectionsco.com. You can also schedule your rental inspection online here.
Have you heard of the Denver Rental License Inspection that is required for property owners that are renting out their properties? Who needs a rental license? Are there any exemptions? Do you know the timeline to get your application submitted?
Here is Denver’s website so you can look at some of the information yourself: Residential rental property – City and County of Denver (denvergov.org)
Denver also put out a video about the program: https://youtu.be/HNRgR4OJtvk
Another great page to read is the FAQ page on Denver’s website: Frequently asked questions – City and County of Denver (denvergov.org)
Thank you for taking the time to visit my page and read my blog!