Are there rent control/rent stabilization policies or laws in Colorado?
The state of Colorado has not established rent control or stabilization practices. May I charge an application fee, late rent charge or a returned payment fee? There are no restrictions or limits placed on the collection of a late charge, an application fee, or a returned payment. However, reasonable cost should always be kept in mind when initiating any charges. Landlords and tenants can also create their own agreement about fees for returned payments. What is the maximum amount I can collect as a security deposit? There is no limit on the security deposit charged to the tenant so long as it is reasonable. Some jurisdictions such as Boulder have different requirements (in Boulder, the landlord must pay the tenant interest on a security deposit). Landlords should check with local housing laws for variables that may differ from state regulations. My tenant has moved out, what do I do with their security deposit? Colorado law requires the landlord to return the security deposit or an ite