Security deposits must be returned within how many days?

Security deposits must be returned within how many days?

• A. 15 days
• B. 30-60 days
• C. 90 days
• D. 180 days

Answer: (B)

Security deposits are kept to cover potential damages beyond normal wear and tear, and tenants are entitled to their deposit back after they move out, with any legitimate deductions explained. In Colorado, the timing is set as a window: if there are no deductions, the landlord should return the full deposit within 30 days; if deductions are made, the landlord has up to 60 days to provide an itemized statement of those damages and to return any remaining funds. This explains why the 30-60 day range is the best answer—it encompasses both scenarios.

Security deposits are kept to cover potential damages beyond normal wear and tear, and tenants are entitled to their deposit back after they move out, with any legitimate deductions explained. In Colorado, the timing is set as a window: if there are no deductions, the landlord should return the full deposit within 30 days; if deductions are made, the landlord has up to 60 days to provide an itemized statement of those damages and to return any remaining funds. This explains why the 30-60 day range is the best answer—it encompasses both scenarios.