Colorado month-to-month lease agreements are governed by Title 38 Article 12 Tenants and Landlords. However, Colorado law does not limit the amount of money that a landlord may charge as a security deposit. However, according to §38-12-103, the landlord must return the security deposit within 60 days of the renter’s move out unless they move out because of a hazardous condition. Then, they must return the deposit within 72 hours according to §38-12-104. The landlord can keep some or all of the security deposit to repair damages to the rental real estate that exceed normal wear and tear. Suppose the landlord keeps any of the security deposit to repair the rental unit. In that case, they must provide the renter with an itemized statement explaining the repairs that were made in detail.
Landlords and property managers should seek legal advice to make sure they understand the state laws and federal laws that impact residential lease agreements. In addition to the laws of the State of Colorado, cities and towns may have laws that landlords must follow, too. Reviewing the terms of the lease with an attorney can be very beneficial.
According to §13-40-107, the notice period for lease termination of a Colorado month-to-month lease depends on the length of time that the tenant has resided on the property. If the tenant has lived on the property for:
The lease termination must be a written notice.