Title: Prohibits Landlords from Charging a Tenant More Than One Month's Rent for a Security Deposit
Vote to concur with house amendments and pass a bill that prohibits landlords from charging a tenant more than one month's rent for a security deposit.
Specifies that this section applies to security in a rental agreement for residential property that is used as the dwelling of the tenant (Sec. 1).
Defines the term “security” (Sec. 1).
Specifies that a landlord may not receive a security deposit that is more than equal two two months rent, three months rent for unfurnished properties, and more than the first months rent for furnished properties (Sec. 1).
Specifies that only the landlord for the tenant may hold the security deposit (Sec. 1).
Specifies that the landlord may claim the security only those amounts that are necessary for fixing damages and may not claim any more deposit for pre-existing damages (Sec. 1).
Specifies that a landlord must notify in writing that a tenant can be present in the case of an initial inspection of the premises for the purpose of relinquishing the security deposit (Sec. 1).
Requires the landlord to provide an itemized statement for how much balance they shall receive back on their security deposit (Sec. 1).
Specifies that if a repair is to be done that cannot be complemented 21 days after the tenant has vacated the landlord may deduct the amount of a good faith estimate of the charges that will be incurred (Sec. 1).
Specifies that the above requirement does not apply if the repairs require less than $125 and then the tenant has waived their rights (Sec. 1).
Prohibits nonrefundable security deposits (Sec. 2).
Specifies that proof of the existence of a security deposit may be established by any credible evidence including a canceled check, receipt, or a lease agreement (Sec. 2).
Title: Prohibits Landlords from Charging a Tenant More Than One Month's Rent for a Security Deposit
Vote to amend and pass a bill that prohibits landlords from charging a tenant more than one month's rent for a security deposit.
Specifies that this section applies to security in a rental agreement for residential property that is used as the dwelling of the tenant (Sec. 1).
Defines the term “security” (Sec. 1).
Specifies that a landlord may not receive a security deposit that is more than equal two two months rent, three months rent for unfurnished properties, and more than the first months rent for furnished properties (Sec. 1).
Specifies that only the landlord for the tenant may hold the security deposit (Sec. 1).
Specifies that the landlord may claim the security only those amounts that are necessary for fixing damages and may not claim any more deposit for pre-existing damages (Sec. 1).
Specifies that a landlord must notify in writing that a tenant can be present in the case of an initial inspection of the premises for the purpose of relinquishing the security deposit (Sec. 1).
Requires the landlord to provide an itemized statement for how much balance they shall receive back on their security deposit (Sec. 1).
Specifies that if a repair is to be done that cannot be complemented 21 days after the tenant has vacated the landlord may deduct the amount of a good faith estimate of the charges that will be incurred (Sec. 1).
Specifies that the above requirement does not apply if the repairs require less than $125 and then the tenant has waived their rights (Sec. 1).
Prohibits nonrefundable security deposits (Sec. 2).
Specifies that proof of the existence of a security deposit may be established by any credible evidence including a canceled check, receipt, or a lease agreement (Sec. 2).
Title: Prohibits Landlords from Charging a Tenant More Than One Month's Rent for a Security Deposit
Title: Prohibits Landlords from Charging a Tenant More Than One Month's Rent for a Security Deposit