Colorado Landlord Tenant Law Security Deposit. In the event that actual cause exists for retaining any portion of the security deposit the landlord shall provide the tenant with a written statement listing the exact reasons for the retention of any portion of the security deposit. In general a landlord has one month from the termination of tenancy to return a tenant s security deposit.
In the event that actual cause exists for retaining any portion of the security deposit the landlord shall provide the tenant with a written statement listing the exact reasons for the retention of any portion of the security deposit. The colorado state legislature enacted the security deposit act under c r s. If the landlord does not return the security deposit or an itemized list of deductions within the time period they forfeit all rights to the deposit.
In general a landlord has one month from the termination of tenancy to return a tenant s security deposit.
In general a landlord has one month from the termination of tenancy to return a tenant s security deposit. If the landlord does not return the security deposit or an itemized list of deductions within the time period they forfeit all rights to the deposit. There is no legal limit on the amount a colorado landlord can demand for a security deposit 1 unless they are renting out a mobile home. 38 12 101 which arguably gave substantial rights to both landlords and tenants with respect to security deposits.
