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Chapter 24 - § 24.25 • JOINT AND SEVERAL LIABILITY
Jurisdiction | Colorado |
Most leases will contain a provision that states something like "if the tenant is comprised of more than one person, the obligations of such persons shall be joint and several." "Joint" means the liability is shared; "several" means that any one party is liable for the entire amount of the debt if the other jointly liable parties refuse to pay their proportionate share.70 The purpose of the joint and several liability clause is to make sure that each person who is a tenant is liable for everything under the lease; each person is not liable if, for example, there are two tenants and a "50-50" deal in which each person is obligated for only half the rent, half the expenses, etc. All parties are fully liable to, and can be sued by, the landlord for everything, and the landlord is free to sue one tenant without suing the other.71 If one tenant pays everything, the way the two parties to the lease work it out is totally outside the lease and of no concern to the landlord.72
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Notes:
[70] See, e.g., Bennett v. Morse, 6 Colo. App. 122, 39 P. 582 (1894).
[71] See Colantuno v. A. Tenenbaum & Co., 23 P.3d 708, 712 (Colo. 2001) ("under the common law rule of joint and several liability, any one responsible party may be liable for...
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- Chapter 24 Miscellaneous Clauses
- Chapter 24 - CHAPTER 24 MISCELLANEOUS CLAUSES
- Chapter 24 - § 24.1 • INTRODUCTION
- Chapter 24 - § 24.2 • SEVERABILITY
- Chapter 24 - § 24.3 • INTEGRATION; ENTIRE AGREEMENT
- Chapter 24 - § 24.4 • MODIFICATIONS IN WRITING
- Chapter 24 - § 24.5 • GOVERNING LAW
- Chapter 24 - § 24.6 • JURISDICTION AND VENUE
- Chapter 24 - § 24.7 • TRIAL BY JURY
- Chapter 24 - § 24.8 • DISCLAIMERS; WAIVERS
- Chapter 24 - § 24.9 • TIME OF THE ESSENCE
- Chapter 24 - § 24.10 • SURVIVAL OF PROVISIONS
- Chapter 24 - § 24.11 • INABILITY TO PERFORM; OFFSETS
- Chapter 24 - § 24.12 • UNAVOIDABLE DELAYS; FORCE MAJEURE
- Chapter 24 - § 24.13 • NOTICES
- Chapter 24 - § 24.14 • RECORDING; MEMORANDUM OR SHORT FORM OF LEASE
- Chapter 24 - § 24.15 • LIMITATION ON PERSONAL LIABILITY OF LANDLORD
- Chapter 24 - § 24.16 • RELEASE OF LANDLORD
- Chapter 24 - § 24.17 • RELATIONSHIP OF LANDLORD AND TENANT
- Chapter 24 - § 24.18 • CONFIDENTIALITY
- Chapter 24 - § 24.19 • BROKERAGE
- Chapter 24 - § 24.20 • CONSTRUCTION OF LEASE
- Chapter 24 - § 24.21 • NO OPTION
- Chapter 24 - § 24.22 • NO MERGER
- Chapter 24 - § 24.23 • COVENANTS
- Chapter 24 - § 24.24 • AUTHORITY TO SIGN
- Chapter 24 - § 24.25 • JOINT AND SEVERAL LIABILITY
- Chapter 24 - § 24.26 • CHANGES; RESERVED RIGHTS
- Chapter 24 - § 24.27 • NO REPRESENTATIONS AND WARRANTIES
- Chapter 24 - § 24.28 • FURTHER ASSURANCES
- Chapter 24 - § 24.29 • INUREMENT; SUCCESSORS AND ASSIGNS
- Chapter 24 - § 24.30 • ELECTRONIC SIGNATURES
- Chapter 24 - § 24.31 • LANDLORD'S|TENANT'S CHECKLIST
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