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19 de ene. de 2024 · Landlords must return a security deposit within 1 month from the date the tenant vacates the rental unit or the lease term ends, whichever is later (or up to 60 days in some situations). If deductions are to be made from the security deposit, an itemized statement of deductions must be provided.
Colorado law requires landlords to return the security deposit, or what remains thereof, to tenants within one month from the date the property is vacated or after the lease term ends. A security deposit wrongfully withheld can have costly consequences for a landlord.
Return of security deposit. (1) A landlord shall, within one month after the termination of a lease or surrender and acceptance of the premises, whichever occurs last, return to the tenant the full security deposit deposited with the landlord by the tenant, unless the lease agreement specifies a longer period of time, but not to exceed sixty days.
29 de abr. de 2024 · How long do Colorado landlords have to return a security deposit? Colorado landlords must return a security deposit—or provide a written statement of what's being deducted from the deposit—within one month of when the lease ends or the tenant leaves (whichever is last).
It is meant to guarantee that all rent, bills, and damages are paid before the renter moves out. A security deposit may be called other names such as a damage deposit or a pet deposit, but they are all the same thing under the law: a security deposit.
16 de abr. de 2024 · However, starting August 7. 2023. due to recently approved legislation, landlords can only collect the first month’s rent plus two additional months’ rent whether called a “security deposit” or “last month’s rent.”
20 de oct. de 2023 · A landlord shall not demand or receive an additional security deposit of more than three hundred dollars from a prospective or current tenant as a condition of permitting the tenant’s pet animal to reside at the residential premises with the tenant, and the security deposit must be refundable to the tenant.
