A Colorado lease-to-own lease agreement documents a rental arrangement between a property owner or landlord and their tenant. As opposed to standard leases, this type includes an option for the tenant to purchase the property during the set term. A tenant under a lease-to-own occupies the premises for housing purposes and assumes the role of a renter. However, at any point, they may exercise the lease’s provision that allows them to buy the real estate. The terms for purchase are usually predetermined on the lease through an addendum. Once both parties sign it into effect, the lease shall begin, and the renter may or may not opt to buy during their tenancy.

Seller Disclosures

The disclosures below must be completed by the landlord or property owner. Upon finishing the sale, the landlord shall provide the buyer(s) with the applicable disclosures.

Lead-Based Paint Disclosure – Pursuant to the U.S. Consumer Product Safety Commission, the seller must provide a lead-based paint disclosure form to potential buyers.

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Sellers Residential Property Disclosure (§ 38-35.7) – A seller (not their broker) must complete this disclosure, which contains state-mandated disclosure requirements such as taxing districts, common interest community, meth lab, potable water, transportation projects, and oil and gas activity.

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Green Disclosure – Only for properties containing energy-related features and technologies.

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