Colorado § 38-21.5-101.5 Rental agreements - required provisions

Colorado Statutes

§ 38-21.5-101.5 — Rental agreements - required provisions

Colorado § 38-21.5-101.5

Title 38Property -

Art.Self-service Storage Facility Liens

This text of Colorado § 38-21.5-101.5 (Rental agreements - required provisions) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 38-21.5-101.5 (2026).

Text

(1)A rental agreement must contain:

(a)A notice stating that all articles stored under the terms of such agreement will be sold or otherwise disposed of if no payment has been received for a continuous thirty-day period; and

(b)A provision directing the occupant to disclose any lienholders with an interest in property that is or will be stored in the self-service storage facility.

(2)If a rental agreement limits the aggregate value of the property that may be stored in the occupant's storage space, that limit is deemed to be the maximum value of the stored property.

(3)A rental agreement may include a reasonable late fee for each month an occupant does not pay rent in full when due. A late fee of twenty dollars or twenty percent of the monthly rental amount, whichever is g

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(1) A rental
agreement must contain:

(a) A notice stating that all articles stored under the terms of such
agreement will be sold or otherwise disposed of if no payment has been received
for a continuous thirty-day period; and

(b) A provision directing the occupant to disclose any lienholders with an
interest in property that is or will be stored in the self-service storage facility.

(2) If a rental agreement limits the aggregate value of the property that may
be stored in the occupant's storage space, that limit is deemed to be the maximum
value of the stored property.

(3) A rental agreement may include a reasonable late fee for each month an
occupant does not pay rent in full when due. A late fee of twenty dollars or twenty
percent of the monthly rental amount, whichever is greater, for each late rental
payment is reasonable and does not constitute a penalty. The owner shall not
collect a late fee as part of the lien unless the amount of the late fee is stated in the
rental agreement or in an addendum to the rental agreement.