Property Management
A Colorado landlord's refusal to accept personal checks from a tenant (requiring only cashier's checks or money orders) is:
AA. Prohibited by Colorado law
BB. Generally permissible if applied consistently to all tenants and specified in the lease agreement✓ Correct
CC. Only allowed for commercial tenants
DD. Prohibited as discriminatory
Explanation
A landlord's payment method requirements are generally a matter of contract. A landlord may specify in the lease that rent must be paid by cashier's check or money order, provided this requirement is applied consistently to all tenants and is specified in the written rental agreement. It is not per se discriminatory as long as it applies uniformly.
Related Colorado Property Management Questions
- A Colorado HOA's reserve fund shortfall (inadequate reserves for future capital expenses) can affect property values by:
- A Colorado property manager who hires a contractor to make emergency repairs on a managed property:
- A Colorado HOA board has the authority to:
- A Colorado property manager must provide a departing tenant with an itemized statement of security deposit deductions within:
- Under Colorado law, a landlord's right of entry into an occupied rental unit generally requires:
- A Colorado property manager who also acts as a licensed real estate broker must keep rental management trust accounts:
- Under Colorado law, if a landlord accepts rent after a lease expires without a new agreement, the tenancy typically converts to:
- Under Colorado's 2023 security deposit law changes, the maximum time a landlord has to return a security deposit or provide an itemized deduction statement is:
Practice More Colorado Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Colorado Quiz →