Steamboat Springs Residents at the Xanadu condos were a bit surprised Thursday when they read a letter asking them to move out by Sunday.
“I just started shaking and crying,” said Sarah Hoeller, who has rented one of the condos overlooking Ski Time Square for the past six years. “Lots of hugs going around here right now.”
The tenants also had a lot of questions Friday. Hoeller said 13 people, four dogs, a cat, canary and fish live in the eight units that encompass the aging building built in 1965.
According to the letter, the Xanadu property manager, M R Realty, a division of Resort Group, recently was told by the building owner that the building’s heating and electrical systems may be near the end of their functional life. According to Routt County Assessor records, the property is owned by Mile High Banks.
“Since your safety is of paramount concern, the building owner has directed us to take the precaution of requesting that all tenants move out of the building no later than 5 p.m. on Sunday, July 20th,” the letter states. “We sincerely apologize for your inconvenience and disruption.”
If tenants move out by the deadline, the letter states they will receive two months worth of rent. Tenants also are eligible to receive their security deposits back within 10 days.
In the letter, tenants were told to contact Tom Simmins with M R Realty to arrange for payment. Simmins was out of the office Friday for vacation but was reached by cellphone.
Simmins said his company is contracted to rent the units and watch over the property, and M R Realty was following instructions from the Xanadu owner and a property management company working for the bank.
Simmins stressed that the letter tenants received was an offer.
“They’re not saying they have to be out by Sunday,” Simmins said.
Simmins said his company fought to make the offer to move out 30 days with compensation, but the decision ultimately was made to make the deadline Sunday in order to receive the two months in rent.
Simmins said because the Xanadu property has been for sale, tenants were on month-to-month leases.
The letter states tenants should consider the lease a written notice of lease termination.
According to Bill Hibbard, a Steamboat attorney that specializes in landlord and tenant issues, tenants on month-to-month leases need to be given at least seven days notice that the lease is being terminated.
Simmins said his company would work with the tenants to find new homes, and he had sympathy for the tenants given a tight rental market when it can be especially hard to find a place that allows pets.
“Seventy-two hours to try to find a new place to live with your dog, it’s nearly impossible,” said Emily Danielson, who has lived at Xanadu for four years paying about $650 each month in rent.
The letter states if tenants are unable to remove all their belongings, arrangements can be made to pick them up at a later time.
Hoeller said that on Friday evening, a representative from the bank came to their complex to talk about the situation and to give them 30 days notice.
“The sooner we can move out the more compensation they are going to give us,” Hoeller said.
To reach Matt Stensland, call 970-871-4247, email mstensland@SteamboatToday.com or follow him on Twitter @SBTStensland