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Relating to the maximum amount of a security deposit for a residential lease.
Relating to the maximum amount of a security deposit for a residential lease.
Source: OpenStates · fetched March 19, 2025
The bill limits the maximum amount a landlord can charge for a security deposit on a residential lease.
Landlords, who are often homeowners, may experience a reduction in the upfront capital they can secure from tenants.
- RenterdirectModerate impactHigh certainty
The bill limits the maximum amount a landlord can charge for a security deposit on a residential lease.
“Relating to the maximum amount of a security deposit for a residential lease.”· Title
- HomeownerindirectMinor impactMedium certainty
Landlords, who are often homeowners, may experience a reduction in the upfront capital they can secure from tenants.
“Relating to the maximum amount of a security deposit for a residential lease.”· Title
- Establishes a maximum limit for security deposits on residential leases.
- Applies to all residential lease agreements.
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