On the surface, Colorado’s pet deposit law seems clear; deposits are capped at $300. However, there is a gray area regarding whether the cap is $300 per pet or $300 per household.
Here’s the section of Colorado Revised Statutes 38-12-106 about pet deposits:
“(1) A landlord shall not demand or receive an additional security deposit of more than three hundred dollars from a prospective or current tenant as a condition of permitting the tenant’s pet animal to reside at the residential premises with the tenant, and the security deposit must be refundable to the tenant.”
How much tenants are charged for a pet deposit is left up to the interpretation of the law.
If you need further assistance, please call our landlord-tenant attorneys at 303-688-0944 or book a consultation online.