Colorado § 38-12-1404 - Concurrent mobile home leases.
Full text of Colorado Colorado Revised Statutes § 38-12-1404 — Concurrent mobile home leases., with citation guidance and answers to common questions.
§ 38-12-1404. Concurrent mobile home leases.
(1) For a rent-to-own contract covered under this part 14, the seller must offer the purchaser a mobile home lease for a period equivalent to the period in which the purchaser has to complete the purchase of the mobile home.
(2) For a rent-to-own contract when the seller is the owner of more than one mobile home within the same mobile home park and is not the landlord of the park, the seller shall not enter into a rent-to-own contract unless the seller's rental agreement with the landlord of the mobile home park or any binding addendum to the rental agreement specifically permits the seller to sublease and sell the mobile home and the seller has satisfied any requirements of the landlord of the mobile home park related to sublessees and the sale of mobile homes. If a seller fails to satisfy the requirements of this subsection (2), the rent-to-own contract is invalid and unenforceable by the seller, and the seller must return to the purchaser, within ten calendar days, any purchase payments and any other money that the seller has received from the purchaser.
(3) A mobile home lease must be a separate document from the rent-to-own contract.
Source: L. 2024: Entire part added, (HB 24-1294), ch. 399, p. 2748, § 18, effective June 30.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 38-12-1404
What does Colorado Revised Statutes § 38-12-1404 cover?
Section 38-12-1404 ("Concurrent mobile home leases.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 38-12-1404?
A common citation format is "Colorado Revised Statutes § 38-12-1404" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 38-12-1404 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.