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Colorado Real Estate Q&A Discussion Forum

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Mike Girenko
  • Investor
  • Aurora, CO
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Can I keep security deposit if my tenant breaks lease?

Mike Girenko
  • Investor
  • Aurora, CO
Posted Oct 5 2018, 12:15

Hi all,

In Colorado, can I keep security deposit if my tenant breaks lease? My lease states that there is a lease termination fee and tenant also has to pay rent till new tenant moves in. But my current tenant will not pay the termination fee and will not pay rent (simply because tenant does not have money), so wanted to know if I can keep security deposit to cover these.

Thank you!

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