Breaking a lease due to job transfer in state of Colorado
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Unfortunately, there are no laws in the state of Colorado that allow a tenant to terminate a lease early without penalty due to a job transfer. A landlord is within their rights to hold the tenant liable for the remaining term of their lease. However, the law imposes a duty on the landlord to mitigate or lessen losses when a tenant vacates early, regardless of the reason. The landlord cannot simply do nothing and expect to collect rent until the end of the lease period, unless that is a short amount of time.
In other words, if you have six months left on your lease term, and move out, the landlord must actively seek a new tenant. And, if they should find one in say, one month, then the landlord cannot go after you for the remaining five months of rent you owe as they would be benefiting twice (once from you, and once from the new tenant).
If you would like any additional information or have more questions please don’t hesitate to ask!
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