"covid"

Over the past year, millions of Americans have faced lay-offs, reduced hours, medical bills,…

Tax season is always a stressful time for landlords, but given some of the…

As the end of the pandemic appears to be in sight, many are wondering…

In a normal rental market, prices begin rising in the spring in anticipation of…

COVID-19 has presented some surprising situations that you’ve likely not seen as a landlord…

During a time of such uncertainty, you’re likely trying to grapple with not only…

As COVID-19 continues to paralyze the social and economic prospects across the country, people…

The global pandemic has coated life as we know it in a layer of…

During the global pandemic, it seems like everything is uncertain. If you’re managing a…

What is the maximum amount I can collect as a security deposit?
There is no limit to the maximum amount a landlord may collect for the security deposit.

A landlord must supply a receipt for any security deposit paid by the tenant.

Before the landlord enters into a new rental agreement with an applicant or accepts any payment from an applicant, the landlord shall provide the applicant with a written list of all deposits, fees and rent that are required by the landlord. The landlord and applicant may agree to amend the written list before entering into the rental agreement. The list may be included in the written rental agreement. The written rental agreement must, at a minimum, include a description of the fees that the landlord may charge.