Quote Originally Posted by Ah Pook View Post
Sounds like the first landlords I had in Boulder. They rented to mostly college students, asked for first and last months rent plus security deposit, and then kept everything when the renters left. I learned a lot about rental law the month we moved out (leaving a spotless unit). They never provided any written itemized list or reason why all moneys were being kept. Seems the words "triple indemnity" can be very effective if used at the right time.

Don't even get me started on the business property slumlords I have to deal with now.
Yea, I had a very interesting experience with a landlord once. We had rented the house for 7yrs, the original landlord just signed new tenants onto the old lease (so everyone was accountable for it in the end). It was a marching band house in that 4 tuba players would live there each year. I was there for the last 2yrs of it. At year 5.75, the landlord sold the account to a different landlord. Who tried to keep all of the security deposits.

The way the lease was written, we were guaranteed a 5.5% interest rate on the first, last and security deposit (totaling just over $6500) for the entire length of the lease. Boy oh boy was he pissed off when he tried pulling the above shit on me and I pointed those clauses out to him, also stating that he was past Colorado's legal 60days to return the deposit to me. We MADE money on that lease! lol