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C.R.S. § 38-12-103(1): The deposit balance and exact-reasons statement are generally due within 30 days after the later of lease termination or surrender and acceptance, unless the lease sets a period no longer than 60 days

Compare this Colorado source with your dates, records, and the conditions that apply to your rental.

Reviewed: 2026-08-11

How sources are checked →

Deadline context

30-60 days

Possible remedy

3x wrongfully withheld after 7-day notice

Primary statute

C.R.S. § 38-12-103

Official section source

What the cited source addresses

The deposit balance and exact-reasons statement are generally due within 30 days after the later of lease termination or surrender and acceptance, unless the lease sets a period no longer than 60 days.

Read the current official section

How to review this source with your facts

  • Use move-out and key-return records to establish the deadline clock.
  • If response was late, preserve all communication and postmark evidence.
  • Compare the current official section, coverage rules, triggers, and exceptions with your facts.

Frequently asked questions

Questions to compare with the current source before using the citation in a letter or filing.

What does C.R.S. § 38-12-103(1) address?

The deposit balance and exact-reasons statement are generally due within 30 days after the later of lease termination or surrender and acceptance, unless the lease sets a period no longer than 60 days. Open the current official text to check coverage, definitions, and exceptions for your situation.

How long does a Colorado landlord have to return the deposit?

30 days (up to 60 if specified in lease) (30-60 days).

Could a penalty or other remedy apply?

Treble the amount wrongfully withheld, plus reasonable attorney fees and court costs, if the landlord does not return it within seven days after the required demand and notice of intent to sue. Check the source's required facts, conditions, notices, defenses, and remedy language before relying on it.

Next steps

Check the current source, calculate the relevant dates, and organize the records you may reference.