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🔑 Rental Property Rules/Late Fees & Grace Periods

Late Fees & Grace Periods: Colorado Springs vs Manitou Springs

How do late fees & grace periods rules compare between Colorado Springs, CO and Manitou Springs, CO?

Colorado Springs and Manitou Springs have similar restriction levels.

Colorado Springs, CO

El Paso County

Heavy Restrictions

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 →

Manitou Springs, CO

El Paso County

Heavy Restrictions

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 Manitou Springs rules →

Key Facts Comparison

FactColorado SpringsManitou Springs
Maximum late feeGreater of $50 or 5% of past-due rentGreater of $50 or 5% of past-due rent
Grace period7 calendar days before any fee7 calendar days before any fee
DisclosureMust be in the rental agreementMust be in the rental agreement
Eviction for late feeProhibitedProhibited
StatuteColo. Rev. Stat. § 38-12-105Colo. 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.

Manitou 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.

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