Colorado Security Deposit Receipt

Proof of Deposit Payment – C.R.S. § 38-12-103

🧾 OFFICIAL RECEIPT
🧾 SECURITY DEPOSIT RECEIPT:

This receipt acknowledges payment of security deposit(s) by the tenant. Colorado limits security deposits to a maximum of 2 months’ rent (C.R.S. § 38-12-103) and pet deposits to $300 per pet (HB 24-1035). Both landlord and tenant should retain copies of this receipt for their records.

⚖️ Colorado Deposit Limits

🏛️ MAXIMUM DEPOSIT AMOUNTS (Colorado Law)

2 Months’ Rent
Maximum Security Deposit
(C.R.S. § 38-12-103)
$300/Pet
Maximum Pet Deposit
(HB 24-1035)

🧾 Receipt Information

🏠 Property Information

👔 Landlord/Property Manager

👤 Tenant Information

📋 Lease Details

💵 Deposit Amounts Received

Deposit Breakdown

Security Deposit: $0.00
TOTAL RECEIVED: $0.00

Total Amount Received

$0.00
Security Deposit(s) Paid in Full

💳 Payment Method

📜 Deposit Terms

Security Deposit Terms (Per Colorado Law)

  • Deposit will be held by landlord for the duration of the tenancy
  • Deposit will be returned within 30 days of move-out (or 60 days if specified in lease)
  • Deductions may be made for unpaid rent, damages beyond normal wear and tear, and other lease violations
  • An itemized statement will be provided with any deductions
  • Interest on security deposits is NOT required in Colorado

✍️ Signatures

Both parties should sign to acknowledge receipt of the deposit payment.

Landlord/Property Manager

I acknowledge receipt of the deposit amount(s) listed above.

Landlord/Property Manager Signature

Tenant

I acknowledge that I have paid the deposit amount(s) listed above and received a copy of this receipt.

Tenant Signature

Colorado Security Deposit Receipt – Complete Guide

A Security Deposit Receipt is an essential document that proves a tenant has paid their security deposit. Both landlords and tenants should keep copies for their records. This guide covers Colorado’s deposit requirements and best practices for documentation.

Colorado Security Deposit Limits

Deposit Type Maximum Amount Legal Reference
Security Deposit 2 months’ rent C.R.S. § 38-12-103
Pet Deposit $300 per pet HB 24-1035
Pet Rent $35/month per pet HB 24-1035
Important: The security deposit limit applies to the deposit itself, not including last month’s rent if collected separately. However, some landlords include all move-in costs when calculating the 2-month limit – check local practices.

Why Deposit Receipts Matter

  • Proof of payment: Documents exactly how much was paid and when
  • Dispute prevention: Clear record if questions arise later
  • Legal protection: Both parties have documentation
  • Return reference: Shows what should be returned at move-out

What to Include on a Deposit Receipt

  1. Date deposit was received
  2. Property address
  3. Landlord and tenant names
  4. Amount received (itemized by type)
  5. Payment method
  6. Signatures of both parties
  7. Return timeline and terms

Deposit Return Requirements

Colorado law requires landlords to return security deposits:

  • Within 30 days of tenant move-out (default)
  • Within 60 days if the lease specifies this extended timeline
  • With an itemized statement if any deductions are made

Best Practices for Landlords

  • Always provide a written receipt
  • Keep deposits in a dedicated account
  • Document the property condition at move-in
  • Have tenant sign acknowledging receipt of their copy
  • Store receipts for at least 3 years after tenancy ends

Best Practices for Tenants

  • Always get a written receipt
  • Pay by check or electronic transfer for paper trail
  • Keep your copy in a safe place
  • Document property condition at move-in with photos
  • Provide forwarding address at move-out

⚠️ Legal Disclaimer

This Security Deposit Receipt is provided for informational purposes. While Colorado law establishes deposit limits and return requirements, specific situations may vary. Both landlords and tenants should maintain thorough documentation throughout the tenancy. For questions about deposit disputes or legal requirements, consult with a Colorado attorney.