The number of Denver properties fined for failing to comply with Denver’s new residential rental property licensure program is now in the triple digits — and seven of those have been fined twice.
As of Tuesday afternoon, Denver’s Excise and Licenses Department had fined 111 different properties $150 each for failing to secure a license, which was required as of Jan. 1 for multi-unit properties.
After being fined $150, if property owners still don’t get a license within two weeks, they are subject to a second fine of $500. Six properties had been assessed a $500 fine as of Tuesday afternoon, department spokesman Eric Escudero said.
Those six properties are 1522 Wabash St., 651 29th St., 3860 N. Tennyson St., 1421 E. 25th Ave., 3401 N. Williams St. and 234 N. Lincoln St.
Properties can ultimately be fined $999 a day if owners don’t procure a license within two weeks of the $500 fine. That has yet to occur.
The city said it sends a “notice of violation” to all landlords it suspects of failing to have a license, and issues fines only about two months after that notice is sent. The city didn’t issue the first fines until May.
While Denver has licensed short-term rental properties, commonly booked through sites like Airbnb for years, the licensure requirement for long-term residential rentals only went into effect at the start of this year.
When the City Council voted to implement the program in May 2021, some members argued it would ensure adequate living conditions for tenants. That’s because licenses, which are good for four years, are issued only after a third party inspects other properties.
The application window opened in March 2022. Single-unit properties don’t have to be licensed until Jan. 1, 2024.
The Excise and Licenses Department said this week that 7,824 residential rental licenses have been issued, making the category the most-issued business license in the city. The No. 2 license is for security guards; 7,677 individuals have that license. About 2,800 properties have a short-term rental license.