If you are a real estate investor in Colorado using lease option templates that predate April 2024, you could be walking into an expensive legal trap.

The passage of HB 24-1098 introduced strict "for-cause" eviction rules that have drastically altered the landscape for landlords and property owners. This post breaks down how the new law creates structural problems for lease options, amplifies the lingering dangers of the "equitable interest" argument (where tenant-buyers can claim they functionally own the property), and outlines the crucial steps you need to take to protect your investments before you sign another deal.