When the Seller Rents Back Post-Closing for no Monthly Rent, Can There be a Security Deposit?
In Colorado, Senate Bill 23-184 provides a fairly clear answer: No.
security deposit
2023 Colorado Residential Leasing Changes
In its 2023 legislative session, the Colorado General Assembly passed several bills that impact relationships between residential landlords and tenants. Governor Polis subsequently signed many (but not all) of these bills into law. Some of these new laws may require updates to residential lease agreement templates. Others may not require direct changes to lease agreements … Continue Reading
Landlord Tenant Security Deposit FAQ
Co-Author: Catherine A. Hance, Esq. Question 1: A tenant gives appropriate notice to vacate a rental unit and vacates the premises in accord with that notice. When must the landlord return the security deposit to the vacating tenant? Answer 1: A landlord must, within “one month after the termination of a lease or surrender and acceptance … Continue Reading