Property Management
A Colorado residential lease for a term of more than one year must be:
AApproved by the Colorado Real Estate Commission
BIn writing to be enforceable under the Statute of Frauds✓ Correct
CNotarized by both parties
DFiled with the county recorder's office
Explanation
Under Colorado's Statute of Frauds, real estate contracts (including leases) for a term exceeding one year must be in writing to be enforceable. Oral leases for one year or less may be valid in Colorado.
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