Property Management

Under Colorado's 'Landlord-Tenant Statute,' a landlord may withhold a security deposit for:

ANormal wear and tear such as faded paint
BUnpaid rent, excessive damage beyond normal wear, and extraordinary cleaning costs✓ Correct
CAny reason the landlord chooses
DOnly physical damage, not unpaid rent

Explanation

Colorado allows landlords to deduct from the security deposit for unpaid rent, damage beyond normal wear and tear, extraordinary cleaning, and other itemized costs specified in the lease. Normal wear and tear (gradual deterioration from ordinary use) cannot be charged.

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