In Colorado, your landlord is obligated to return your security deposit to you in a timely manner, and you have legal rights if the landlord fails to do so. In fact, your landlord may owe you triple the amount of your security deposit if they wrongfully fail to return your funds.
Unfortunately, you may have to take legal action if your landlord doesn’t follow the law and return your money. Sue My Landlord is here to help if that happens to you. Our dedicated and experienced legal team of Colorado security deposit dispute attorneys has successfully helped countless tenants get back their security deposit funds so they don’t face financial loss due to a dishonest landlord.
In many cases, the terms outlined in your lease can be critical to determining your rights and options. A knowledgeable Colorado lease agreement lawyer from our team can review your contract to ensure your landlord is held accountable.
To find out more about how our firm can help you recover your security deposit, contact our Colorado security deposit dispute lawyers at (720) 783-7368 today.
Colorado Security Deposit Law
Colorado Revised Statutes Section 38-12-103 addresses the rules for the return of a security deposit. Your landlord must return the full amount within a month of the lease terminating or the tenant leaving the premises, unless the lease gives the landlord a longer timeframe. However, landlords cannot take more than 60 days.
Landlords are not allowed to keep any portion of your security deposit to cover normal wear and tear, and if your landlord does keep part of your security deposit for a legitimate reason, the landlord must provide a written statement explaining why it’s being retained. If a landlord fails to do so, they forfeit their right to keep the deposit.
Landlords who fail to comply with these rules can be required to pay triple the withheld amount to the tenant, as well as to pay attorney fees and court costs. However, the landlord must be notified at least seven days before a lawsuit is filed if the tenant chooses to take legal action.
Turn to Sue My Landlord’s Security Deposit Dispute Lawyers in Colorado
If you are involved in a security deposit dispute, you need experienced, compassionate legal professionals who know the law inside and out. Sue My Landlord is the firm to turn to. You can trust our team of Colorado security deposit dispute attorneys to help you:
- We have represented tenants in security deposit disputes for decades. We can often help clients to get their funds back without going to court, but we’re ready to sue if necessary to get you the money you deserve, plus triple damages when possible.
- We have negotiation and courtroom experience. Whether your landlord is reasonable enough to settle or not, we can see your case through and take the necessary legal steps to make the legal system work for you.
- We know how important your case is. Security deposits often total thousands of dollars, and we know that’s money you can’t afford to lose. We treat your case with the importance it deserves and offer dedicated representation from day one.
- We’ll help you build a strong case. We know what the law says about wear-and-tear and when landlords can withhold your deposited funds. We’ll fight to ensure you have the evidence you need to prove your deposit should be returned in full.
Getting Help from a Colorado Security Deposit Dispute Attorney
Don’t let your landlord walk away with your security deposit. You have rights under the law, and you owe it to yourself to find the right legal advocate to enforce those rights. Contact a Colorado security deposit dispute lawyer with Sue My Landlord by scheduling a free consultation to help you resolve security deposit issues today.
