American Real Estate Journal

CO · Researched October 7, 2026

Colorado rules for property managers

Colorado has added many renter protections since 2019. Deposits are capped at two months' rent, late fees at the greater of $50 or 5% of past due rent after 7 days, and most tenancies longer than 12 months need a lawful cause to end (HB24-1098). From January 1, 2026, advertised rent must include mandatory fees and deposit deduction rules are stricter.

Licensing to manage rentals in Colorado

Checked against the official source
License required to manage for others?
yes. Real estate broker license (associate broker under an employing broker)

Renting or leasing real estate for others for compensation is real estate brokerage, and no one may do it without a license from the Real Estate Commission.

Exemptions

Natural persons managing property they own or lease; regularly salaried on-site managers employed by an apartment or condominium owner; attorneys in fact without pay; receivers, trustees and executors; attorneys; and other exemptions in C.R.S. 12-10-201(6)(b).

Money

Security deposit limit
Two months' rent.

Pet deposits are capped separately at $300, refundable, and pet rent at the greater of $35 or 1.5% of monthly rent. From January 1, 2027, the two-month cap does not apply to post-closing occupancy agreements in home sales (SB26-054).

C.R.S. §§ 38-12-102.5, 38-12-106; SB26-054Checked against the official source
Deposit return deadline
Within 30 days, or up to 60 days if the lease says so.

Since January 1, 2026, you cannot deduct for normal wear and tear or conditions that existed before the tenancy, and if the tenant asks in writing within 14 days you must send photos, invoices and other relevant documents with the statement. Missing the deadline or the itemized statement forfeits the right to keep any of it. Keeping 125% or more of actual damages is presumed unreasonable, and wrongful retention can bring treble damages. Do a walk-through on request. Whole-unit carpet or paint charges need substantial damage.

Deposit interest and holding rules
No interest or separate account required for owners.

Colorado's deposit statute does not require interest or a separate account for owners. If a mailed refund comes back, hold it at least one year and pay the tenant within 15 calendar days of a request. Refunds may go by mail or, with consent, secured electronic transfer. Licensed brokers must keep others' money in a Colorado escrow or trust account.

Late fees
Greater of $50 or 5% of the past due rent, only after rent is 7 calendar days late.

The fee must be in the lease, and you must give written notice of it within 180 days after the rent was due. Charge one late fee per late payment, no interest on late fees, and do not take late fees out of rent payments or charge them on a subsidy provider's share. You cannot evict or terminate for unpaid late fees alone.

C.R.S. § 38-12-105(1)Checked against the official source
Application and screening fees
Fee may cover only actual screening costs. Applicants with a portable screening report pay no fee.

Tell applicants they can submit a portable report, itemize or disclose the fee's costs, give a receipt, and refund unused amounts within 20 days. Do not consider rental or credit history older than 7 years, arrests, or most convictions older than 5 years. Income requirements may not exceed 200% of rent (200% of the tenant's share for subsidized applicants). Since January 1, 2026, subsidized applicants need not include credit history in a portable report.

C.R.S. §§ 38-12-903, 38-12-904; HB25-1236Checked against the official source
Rent increase notice
60 days' written notice when there is no written lease. Only one increase per 12 months.

The one-increase limit applies to all residential tenancies, written or not. Do not serve a termination notice mainly to raise rent around these rules. Many managers give 60 days' notice on all renewals.

C.R.S. §§ 38-12-701(2), 38-12-702Checked against the official source
Rent control
Local rent control is preempted.

No county or city may control rent on private residential housing. Voluntary agreements and deed restrictions with owners or permit applicants to provide affordable housing are allowed.

C.R.S. § 38-12-301Checked against the official source

Notices and eviction

Notice for unpaid rent
10 days' written demand for rent or possession.

Exempt residential agreements may use 5 days. Since May 22, 2025, if late rent is tied to domestic violence, unlawful sexual behavior or stalking against the tenant, the landlord must offer a repayment plan of up to 9 months before pursuing eviction.

Notice for lease violations
10 days to cure. Substantial violations use a separate quit notice.

Substantial violations, such as certain crimes on the premises, follow C.R.S. 13-40-107.5. Exempt residential agreements may use 5 days.

C.R.S. §§ 13-40-104(1)(e), 13-40-107.5Checked against the official source
Ending a month-to-month
21 days' written notice, but tenants of 12 months or more generally need a lawful cause.

Since April 19, 2024, most tenancies of 12 months or more can end only for causes listed in C.R.S. 38-12-1303, such as nonpayment or lease violations, or no-fault reasons with 90 days' notice. Exemptions include tenants under 12 months, owner-occupied single-family homes, duplexes and triplexes, short-term rentals, and employer-provided housing.

Eviction timeline
Court date 7 to 14 days after summons. Writ executed no sooner than 10 days after judgment.

The writ cannot issue until 48 hours after judgment. For tenants receiving SSI, SSDI, or Colorado Works, the writ waits 30 days after judgment in some cases.

C.R.S. §§ 13-40-111, 13-40-122Checked against the official source
Abandoned property
After a writ, no duty to store. Otherwise follow the landlord lien and 15-day notice rules.

Property removed during a writ need not be stored, and the landlord is immune for loss but may charge reasonable storage if it stores. A landlord has a lien for unpaid rent on most household goods left on the premises (not beds, clothing, records or personal effects). Property is presumed abandoned after 30 days without contact, and sale requires 15 days' certified mail notice.

Access and condition

Landlord entry
No general entry notice statute. 24 hours' written notice to enter for habitability repairs.

For habitability repairs, give at least 24 hours' written notice with the date, time and expected length of entry, except when a condition imminently threatens life, health or safety or is causing ongoing major damage. The tenant may reasonably decline a time and agree on another. Bed bug inspections need 48 hours' notice unless the lease says otherwise. Put other entry terms in the lease.

C.R.S. § 38-12-503(6); C.R.S. § 38-12-1004(1)Checked against the official source
Repairs and habitability
Begin repairs within 24 hours for conditions that threaten life, health or safety, and within 72 hours for other habitability issues.

The deadlines run from notice. For life, health or safety conditions, if the tenant asks, provide a comparable unit or hotel room at no cost within 24 hours, with a per diem after 48 hours. Mold tied to dampness makes a unit uninhabitable. Tenant remedies are in C.R.S. 38-12-507.

C.R.S. §§ 38-12-503(2)(b), (4); 38-12-505Checked against the official source
Required disclosures
Radon disclosure before signing. Since January 1, 2026, advertise total rent including mandatory fees.

Before signing, give the radon warning statement and any known radon test or mitigation information for the tenant to sign. Under C.R.S. 6-1-737, listings and leases must show the total price including required fees (actual utility costs excepted), and landlords may not charge fees for property taxes, common area maintenance, or services needed for habitability. Give the tenant a signed copy of the lease within 7 days. Federal lead paint disclosure applies to pre-1978 housing.

Fair housing

State fair housing protections
Adds creed, sexual orientation, gender identity and expression, marital status, ancestry, veteran or military status, and source of income.

Source of income includes housing vouchers. Some small landlords have limited exemptions from source of income rules. Not yet checked against the official C.R.S. text.

C.R.S. § 24-34-502Secondary source

Recent and upcoming changes

Effective 2024-04-19
Cause required to end most tenancies

Tenancies over 12 months can end only for listed for-cause or no-fault reasons, with 90 days' notice for no-fault.

Effective 2025-05-22
Victim-survivor rent protections

No eviction for late rent tied to domestic violence, unlawful sexual behavior or stalking against the tenant without first offering a repayment plan of up to 9 months. Most of the act took effect on signing; some sections took effect August 6, 2025.

Effective 2025-09-01
Lease ends at tenant's death

Liquidated damages, rent acceleration, and fees are void when a lease ends because the tenant died, and the deposit may cover only property damage.

Effective 2026-01-01
Stricter deposit deduction rules

Deposits due within 30 days. No deductions for normal wear and tear or preexisting conditions, documentation on request within 14 days, walk-throughs on request, and limits on carpet and paint charges.

Effective 2026-01-01
All-in rent pricing

Rental ads and leases must show the total price including mandatory fees, and certain fees (property taxes, common area maintenance, habitability services) are banned.

Effective 2026-01-01
Screening rules for subsidized applicants

Applicants using a housing subsidy need not include credit history in a portable tenant screening report.

Effective 2027-01-01
Deposit cap exception for post-closing occupancy

Signed April 20, 2026; the act took effect August 12, 2026. From January 1, 2027, post-closing occupancy agreements in home sales are exempt from the two-month deposit cap.

Local rules. Denver requires a license for any residential rental of 30 days or more. The owner needs a passing inspection from a certified private inspector, and the license lasts four years unless ownership changes. Boulder requires a rental license for long-term rentals, with an inspection to license a unit, renew a license or relicense after a change of ownership. Under SB25-020, counties and cities may bring civil actions to enforce certain state landlord-tenant laws (effective August 6, 2025). Residential rental property FAQ, City and County of Denver (archived January 19, 2026) · Rental Housing Licensing: Long-Term, City of Boulder · SB25-020 Tenant and Landlord Law Enforcement, Colorado General Assembly

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