Property Management
A Colorado property manager must provide a departing tenant with an itemized statement of security deposit deductions within:
AA. 7 days of the lease ending
BB. 30 days (or up to 60 days if specified in the lease) from the date possession is returned✓ Correct
CC. 90 days of the lease ending
DD. 45 days regardless of lease terms
Explanation
C.R.S. § 38-12-103 requires Colorado landlords to return the security deposit (less itemized deductions) within 30 days after the tenancy ends and possession is returned, OR within 60 days if the lease specifically provides for the longer period. If the landlord fails to comply, they may be liable for up to 3× the amount wrongfully withheld.
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