Limits the amount of security deposit for residential rental premises which may be charged to a senior citizen who has occupied the premises for five years or more to the equivalent of one month's rent; entitles a person who has attained the age of sixty-two to a refund of that portion of any security deposit held by the landlord which exceeds one month's rent.
Adds a provision that allows a tenant to pay the last month's rent or any other prepaid rent. It also increases the amount that a security deposit can be requested from one to two (2) months of rent.
Adds a provision that allows a tenant to pay the last month's rent or any other prepaid rent. It also increases the amount that a security deposit can be requested from one to two (2) months of rent.
An Act Prohibiting A Landlord From Requiring A Security Deposit In Excess Of One Month's Rent From Any Tenant.
An Act Concerning The Amount A Landlord May Require For A Security Deposit.
Residential Landlord And Tenant Act -- Security Deposits
Virginia Residential Landlord and Tenant Act; security deposits.
Relating to the Uniform and Residential Landlord and Tenant Act; to amend Section 35-9A-201, Code of Alabama 1975, to remove the limit on the amount that a landlord may require a tenant to pay as a security deposit under a residential rental agreement.
An Act Concerning The Return Of Security Deposits By Residential Landlords.
Virginia Residential Landlord and Tenant Act; security deposits.