A Colorado rental application is a form used to collect information on prospective tenants so a landlord can rent residential property to the most appropriate applicant. A residential rental application will ask the applicants to provide information about themselves including their rental history, employment information, income, and personal references. By signing the application form, applicants are giving the landlord permission to perform a criminal background check, a credit history search, and an eviction search. These inquiries will cost the landlord a certain amount of moeny;. therefore, tenant’s can be expected to pay a fee when they hand in their application forms.
Background checks will cost the landlord a certain amount of money, which amount will be charged to the applicants when they hand in their application forms.
Maximum Fees ($)
Application Fee (§ 38-12-903) – Landlords may only charge an application fee if the whole amount is used to cover costs of processing the rental application and to perform background checks. A receipt must be provided to all applicants, and any leftover amount must be remitted.
Pet Fee (No Statute) – There is no limit to the amount a landlord may charge for pet fees/deposits.
Security Deposit (No Statute) – Landlords may charge any amount for security deposits.