Effective Date: August 6th, 2025
Key points:
Total Price Disclosure:
Sellers, including landlords, must clearly display the total price of goods, services, or rentals, inclusive of all mandatory fees. This ensures consumers can understand the full cost upfront and are not misled by separate or hidden charges.
Tenant Fee Restrictions:
Landlords are prohibited from charging tenants for certain types of fees unless explicitly allowed by law. These include fees related to state utility cost recovery, property tax processing, rent payment processing, and common-area maintenance.
Disclosure of Nonstandard Fees:
If a nonstandard fee is charged separately, the seller must identify it clearly and disclose who receives the fee and what it covers.
Consumer Remedies:
If a landlord or seller unlawfully collects a fee, the consumer may issue a written demand for reimbursement within 14 days. If not repaid, the consumer can recover the fee plus 18% annual interest through legal action.
Unfair Trade Practice Classification:
Violations are considered deceptive and unconscionable acts under the Colorado Consumer Protection Act, making them subject to enforcement and civil penalties.
This legislation aims to eliminate deceptive pricing practices and ensure renters and consumers have full visibility into the true cost of what they are purchasing or leasing.
