Property Management

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:

A14 days
B30 days
C45 days
D60 days✓ Correct

Explanation

Colorado amended its security deposit law in 2021 (effective 2022-2023). Under the current law, landlords must return the deposit or provide an itemized deduction statement within 60 days of the tenant vacating. Failure to do so can result in the landlord forfeiting the right to keep any portion.

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