KDVR – A new law in Colorado from real estate owners and other services in the state will require clarification of prices and the disclosure of hidden fees in advance.
On Monday, Governor Jared Police signed Home Law draft 25-1090“Protection against deceptive pricing practices” in law. The draft law said that it aims to protect people and tenants from deceptive or unfair prices by clarifying communication between prices, owner obligations, rental prices and other costs for tenants.
While this law is directed towards the owners, the draft law said it “must be interpreted on a large scale”, in terms of its connection with many other industries.
The new law will require the total price that will be clearly included and promoted before any other pricing information. This means that owners, bars and other parties cannot separate the fees, fees or amounts.
Therefore, for real estate owners, this includes a fee for services such as the Internet. This also means that places such as bars should show any mandatory service fees in display, display or advertisement.
The draft law said that services must also provide an accurate description of how to distribute service fees and the sub -total page for all fees before completing the purchase. If the service price is not known due to preferences, distance and time, then it should also be revealed.
The law also focuses on unfair charges, especially for tenants. The law said that the owners cannot impose the cost of the benefit of the tenants more than the provider imposes, except for factors such as property tax, late payments and rapidly increasing prices. Real estate owners cannot also impose fees on preserving a common area under the new law.
While the bill is now a law, according to the petition, will not enter into force until January 1, 2026.
If this law is not followed, the person must write a request to the violator to pay any fees or fees in a violation. If the violator decreases within 14 days after sending the written request, the person is responsible for the actual damage in addition to the benefit.