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What else can I help you with?
What do you pay to the landlord before you move in?
To move into a dwelling, the landlord is going to generally ask you for the first month's rent, a security deposit, and often times the last months rent. Every state has its own rules about this and you should check with it. In South Carolina and Florida your security deposit may not exceed one month's rent. And in both states that security deposit may not be used as rent unless you and the landlord mutually agree.
Can a landlord charge first and last month and security in NJ?
Yes, in New Jersey, a landlord can charge the first month's rent, the last month's rent, and a security deposit. However, the security deposit is limited to one and a half times the monthly rent. It's important for landlords to provide tenants with a written receipt for any payments received and to comply with state rental laws regarding the handling of security deposits.
What is it called when a landlord does not give the security deposit back?
There's no specific term for this: the landlord is refusing to return security deposit. Either he has the right to because of damage beyond normal wear and tear or he needs to be sued for such money. And if you win in such suit you may be entitled to up to 3 times the amount of the deposit.
What can you sue for if your landlord doesn't return your security deposit in time?
Local laws will tell you whether it is 15, 21, 30 days or whatever, in which the landlord must provide you with an accounting of any deductions made from your security deposit and why. In some states you can get triple damages and attorneys' fees if you prove your case against a landlord.
What happens if landlord does not return security deposit after one month in Colorado?
Check your lease agreement, first and foremost, for any language that may extend the Security Deposit return time frame to 60 days. If your lease contains such language, the landlord is not in violation just yet. However, if such extension does not exist, your landlord has breached the Security Deposit law for Colorado.You may file a small claims case. On a really good note, violating Colorado's Security Deposits law allows a tenant to ask to the court for three times (treble) the wrongfully withheld portion. (If you placed a $1000 security deposit, you may sue for $3,000 + court costs and reasonable attorneys fees.).
In the State of Maryland how much time does a landlord have to return a deposit after the tenants vacate?
In the State of Maryland, a landlord has 45 days from the date a residential tenant vacates the premises to return any security deposit, minus any deductions for damage. Within 30 days of the date the tenant vacates, the landlord must notify the tenant in writing of any damage deductions being taken from the security deposit. If a landlord fails to return any portion of the security deposit rightly owed to the tenant, the tenant can sue the landlord for up to three times the amount of the security deposit that was wrongly withheld, plus attorney fees. Maryland has many online legal self-help resources on landlord-tenant law and other subjects. For a directory of these resources, visit the Maryland Courts Self-Help Directory related link.
Sam is moving into a new apartment. Before he moves i the land lord asks that he pays the first month's rent and a security deposit equal to 1.5 times the monthly rent. the total that Sam?
Sam's total payment to the landlord before moving in will include the first month's rent plus a security deposit. If we denote the monthly rent as "R," the security deposit will be 1.5 times that, or 1.5R. Therefore, the total amount Sam needs to pay is R + 1.5R, which equals 2.5R.
Pet deposit different from a security deposit?
I can only answer this for Massachusetts, but I think it's the same in most or all states. MGL c.186 only allows a landlord to collect at the beginning of a tenancy: 1. first month rent; 2. last month rent; 3. security deposit; and 4. a key fee. Anything else is forbidden. Futhermore, a pet deposit is clearly meant to cover damage by a pet. That's a security deposit - it's the same thing. BTW, the deposit must then be handled like a security deposit, which is difficult. The penalty for mishandling it is three times the amount of the deposit.
Does a tenant lose their security deposit if the landlord sells the property?
No, not simply by virtue of a sale of the property. However, the tenant must take the necessary steps to safeguard their deposit. Security deposits are a complicated issue and state and local laws may vary regarding how they are to be managed. The tenant should always make sure to obtain a receipt for the security deposit at the beginning of their tenancy and keep that proof in a safe place.Generally, a security deposit is supposed to be kept by the landlord in a separate account during the tenancy. When the tenant moves, the security deposit can be used to repair any extraordinary damage to the property apart from normal wear and tear. If the landlord wants to keep the deposit, they must provide a detailed accounting to the tenant that lists any damage and the cost to make the repairs and provide that statement within a certain time period, typically 30 days. If the landlord fails to follow state law then the tenant will be granted 2 to 3 times the original amount as a refund if they take the case to small claims court.When a leased property is sold and the tenant plans to remain in the rental they should discuss the security deposit with the departing landlord and make certain it is turned over to the tenant or the new landlord. They should obtain a receipt that documents this changeover.If you have further questions you should contact your local landlord/tenant agency.
How long does a landlord have to return a security deposti in Georgia?
Each state is different, Im sorry I dont know the specific time for Georgie, but the general rule is within 30 days, the landlord has to contact the ex tenant with either the security deposit or an accounting of where he spent the money fixing up his claimed damages to his unit. Some states have as a law, if the landlord fails to do this within the prescribed timelimit, TREBLE damages, or three times the amount of the deposit. Check with your states Attorney General for these laws.
What are my rights should the landord wish to break lease?
As a tenant, if the landlord wishes to break their own lease, you have the right to seek damages just as they would if you had broken your lease. The usual outcome for a landlord to break a lease is that the landlord forfeits any right to retain the security deposit.
What is the worst scenario if a landlord in Maryland keeps the tenant's security deposit together with his own checking account?
The bottom line is that your landlord must return to you your deposit, minus any repairs that were made as a result of damage beyond normal wear and tear of the apartment. Each state has its own laws concerning where and how the money is to be placed and whether it bears interest.
