How Demand Will Increase the Cost of Rental Inspections in Denver, CO

by | Jan 19, 2023 | Property Maintenance

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The residential rental property licensing program was implemented to drive compliance with minimum housing standards. Every property in the city and county of Denver that is rented for more than 30 days is required to have a residential rental property license. As of January 18, 2022, landlords must adhere to the residential rental property licensing program’s inspection, licensing, and compliance stipulations. AirBnBs and other short-term weekend stay properties, such as bed and breakfasts, do not need to meet this licensing program as stays at these rental properties do not meet or exceed 30 days. If you own a rental property in the area and are looking for compliant rental inspections in Denver CO, you must hire a certified inspector who also meets the program requirements.

The Phases

In 2022, licensing was voluntary. As of January 1, 2023, licensing is no longer voluntary. A license is required for anyone who operates, provides, or offers a residential property consisting of two or more rental units on a single lot. Unlike in 2022, applicants may no longer benefit from a 50% reduction in the application fee. In 2024, a license will be required for anyone who operates, provides, or offers a residential property consisting of one or more rental units on a single lot.

The Costs

As the phases continue to roll out, the fees associated with rental inspections in Denver, CO will increase. In basic economics, when the demand increases (inspections) with limited supply or availability (inspectors), the cost jumps. If you need a rental inspection for your rental property in the Greater Denver Area, it is best to apply and meet compliance as soon as possible.

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