A Colorado rental application is a form used to collect information on prospective tenants so a landlord can rent residential property to the most suitable 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 money, therefore, tenant’s can expect to pay a fee when they hand in their application forms. 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.
Maximum Fees ($)
Application Fee (§ 38-12-903) – No specific maximum fee mentioned; however, the amount cannot exceed the actual expense the landlord incurs in processing the application.
Pet Fee – Not mentioned in state statutes.
Security Deposit – Not mentioned in state statutes.