Late Fees & Grace Periods: Colorado Springs vs Fountain
How do late fees & grace periods rules compare between Colorado Springs, CO and Fountain, CO?
Colorado Springs and Fountain have similar restriction levels.
Colorado Springs, CO
El Paso County
Colorado caps residential late fees at the greater of $50 or 5% of the past-due rent. No late fee may be charged until rent is at least seven days late, and only if disclosed in writing in the lease. A tenant cannot be evicted solely for unpaid late fees, and violations carry penalties.
View full Colorado Springs rules →Fountain, CO
El Paso County
Colorado caps residential late fees at the greater of $50 or 5% of the past-due rent. No late fee may be charged until rent is at least seven days late, and only if disclosed in writing in the lease. A tenant cannot be evicted solely for unpaid late fees, and violations carry penalties.
View full Fountain rules →Key Facts Comparison
| Fact | Colorado Springs | Fountain |
|---|---|---|
| Maximum late fee | Greater of $50 or 5% of past-due rent | Greater of $50 or 5% of past-due rent |
| Grace period | 7 calendar days before any fee | 7 calendar days before any fee |
| Disclosure | Must be in the rental agreement | Must be in the rental agreement |
| Eviction for late fee | Prohibited | Prohibited |
| Statute | Colo. Rev. Stat. § 38-12-105 | Colo. Rev. Stat. § 38-12-105 |
Highlighted rows indicate differences between cities.
Colorado Springs FAQ
How much can a landlord charge for a late rent fee in Colorado?
No more than the greater of $50 or 5% of the past-due rent payment, under Colo. Rev. Stat. § 38-12-105. The fee must be disclosed in the lease to be valid.
How late can rent be in Colorado before a late fee applies?
A late fee cannot be charged unless rent is at least seven calendar days late. Charging a fee before the seven-day mark violates § 38-12-105.
Can a Colorado tenant be evicted for not paying a late fee?
No. Section 38-12-105 prohibits a landlord from terminating a tenancy or initiating eviction solely because a tenant failed to pay a late fee, and bars charging interest on late fees.
Fountain FAQ
How much can a landlord charge for a late rent fee in Colorado?
No more than the greater of $50 or 5% of the past-due rent payment, under Colo. Rev. Stat. § 38-12-105. The fee must be disclosed in the lease to be valid.
How late can rent be in Colorado before a late fee applies?
A late fee cannot be charged unless rent is at least seven calendar days late. Charging a fee before the seven-day mark violates § 38-12-105.
Can a Colorado tenant be evicted for not paying a late fee?
No. Section 38-12-105 prohibits a landlord from terminating a tenancy or initiating eviction solely because a tenant failed to pay a late fee, and bars charging interest on late fees.
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