Colorado § 38-12-102.5 - Security deposits - maximum amount - exception for post-closing occupancy agreements - rules.
Full text of Colorado Colorado Revised Statutes § 38-12-102.5 — Security deposits - maximum amount - exception for post-closing occupancy agreements - rules., with citation guidance and answers to common questions.
§ 38-12-102.5. Security deposits - maximum amount - exception for post-closing occupancy agreements - rules.
(1) Except as described in subsection (2) of this section, a landlord shall not require a tenant to submit a security deposit in an amount that exceeds the amount of two monthly rent payments under the rental agreement.
(2) On and after January 1, 2027, subsection (1) of this section does not apply if the landlord and tenant have executed a post-closing occupancy agreement pursuant to a purchase contract whereby the landlord purchased the residence from the tenant.
Source: L. 2023: Entire section added, (SB 23-184), ch. 402, p. 2413, § 5, effective August 7. L. 2026: Entire section amended, (SB 26-054), ch. 61, p. 251, § 1, effective August 12.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 38-12-102.5
What does Colorado Revised Statutes § 38-12-102.5 cover?
Section 38-12-102.5 ("Security deposits - maximum amount - exception for post-closing occupancy agreements - rules.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 38-12-102.5?
A common citation format is "Colorado Revised Statutes § 38-12-102.5" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 38-12-102.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.