A Colorado rental application is a form that landlords or property management companies use to find the right tenant for a rental property. The application helps potential tenants present their personal and financial information in an organized way for the landlord's approval. Landlords sometimes ask for a non-refundable fee and typically respond to the application within one or two days. If the tenant is approved, they will be given a lease agreement to sign.
RentSpree makes this process fast, easy and safe for landlords and renters. You'll find everything from an online rental application and tenant screening to renters insurance and insurance verification.
In Colorado, landlords are required to follow specific laws and regulations when screening tenants and reviewing rental applications. These laws are designed to protect both landlords and tenants and ensure that the rental process is fair and transparent. Informational only; not legal advice.
- Criminal background checks: Colorado law limits the use of criminal history in tenant screening. Landlords can only consider criminal records from the past seven years, and only convictions, not arrests or charges that did not result in a conviction. Landlords must provide a written notice explaining their screening criteria, including any criminal background check requirements. Colorado Revised Statutes 38-12-103.
- Credit history checks: Landlords can request credit reports as part of the rental application process, but they must obtain written consent from the tenant. If the landlord denies an application based on credit history, they must provide the tenant with the name and contact information of the credit reporting agency that provided the report. Colorado Revised Statutes 38-12-103.5.
- Application fees: Colorado law allows landlords to charge a reasonable fee for processing rental applications. However, the fee cannot exceed the actual cost of processing the application. Colorado Revised Statutes 38-12-102.
- Security deposits: Colorado law limits the amount landlords can charge for security deposits to one month's rent for leases of one year or less. Landlords must also return the deposit within one month of the end of the lease and provide a written itemization of any deductions. Colorado Revised Statutes 38-12-103.7.
- Denied applications: Landlords must provide tenants with the name and contact information of the credit reporting agency that provided a credit report if an application is denied based on credit history. Colorado Revised Statutes 38-12-103.6.
- Retaliation: Landlords in Colorado cannot retaliate against tenants who assert their legal rights, such as by filing a complaint with a government agency or joining a tenants' union. Retaliation is prohibited under the Colorado Anti-Discrimination Act and the Colorado Warranty of Habitability.
This is not an exhaustive list of laws and regulations that govern tenant screening and rental applications in Colorado. Consult with a licensed attorney to ensure compliance with all applicable laws and regulations.