HB 17-1310

House Bill 17-1310, also known as the Residential Landlord Application Screening Fee bill, sets rules for landlords who charge fees to prospective tenants when they apply to rent a property. The bill limits these fees to cover only the landlord's actual costs and requires landlords to provide either an itemized list of expenses or a receipt showing how the fee was used. If there is leftover money from the fee after covering the costs, the landlord must return it to the tenant. Landlords who don't follow these rules can face penalties. Since this bill has been signed into law, it now applies and landlords in Colorado are required to comply with its requirements when charging application fees.

Official Summary

With respect to an application screening fee that a landlord may charge a prospective tenant, the bill: Limits the fee to cover the landlord's actual costs; Requires the landlord to provide any person who has paid the fee with either a disclosure of the landlord's anticipated expenses for which the fee will be used or a receipt that itemizes the landlord's actual expenses incurred. The landlord may provide the person with an electronic receipt, unless the person requests a paper receipt. Requires the landlord to return any amount of the fee that is not used as authorized by law; and Establishes a penalty for a landlord that does not comply with the requirements related to the fee. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

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