Re: Holding fee ... Twisted logic
by outabout on Sunday, March 18, 2012 @11:56
To Mark: Your interpretation of the law 38-12-102 is incorrect. I have read the CO laws several times, and just read it again thanks to you. The context and intent of this law is very clear, it is when there is ALREADY a rental agreement, advanced payment is considered the security deposit. It goes on discussing the return of SD after the termination of the rental agreement.
There is no law regarding a contract to hold a rental property for a future rental agreement to be secured.