Property Management
A Colorado lease requires the tenant to maintain renters insurance. If the tenant fails to obtain it:
AThe landlord automatically provides insurance for the tenant
BThe tenant may be in breach of the lease but the lease remains valid✓ Correct
CThe lease is automatically void
DThe landlord must evict the tenant immediately
Explanation
Failure to obtain required renters insurance constitutes a breach of lease terms, giving the landlord potential remedies. It typically does not void the lease automatically; the landlord may need to provide notice to cure.
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