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Return of the security deposit 1. Normal wear and tear. A security deposit or any portion of a security deposit shall not be retained for the purpose of paying for normal wear and tear
Treatment of security deposit 1. Requirements. During the term of a tenancy, a security deposit given to a landlord as part of a residential rental agreement may not be treated as an asset to be commingled with the assets
members of the tenant's household or their invitees or guests. [PL 1997, c. 261, §1 (AMD).] 2. Security deposit. "Security deposit" means any advance or deposit, regardless of its denomination, of money, the primary function of which
landlord of intention to bring suit; presumption on failure to return deposit. If the landlord fails to return the security deposit and provide the itemized statement within the time periods in section 6033, the tenant shall give notice
Transfer of security deposit 1. Landlord's termination of interests in dwelling unit. Upon termination of a landlord's interest in the dwelling unit, whether by sale, assignment, death, appointment of a receiver or otherwise, the person in possession
Receipts for rent payments and security deposits 1. Rent receipts required. A landlord or his agent shall provide a written receipt, as required in subsection 2, for each rental payment and each security deposit payment received partially or fully
tenant may pay any damages directly to the landlord or require the landlord to use the tenant's security deposit, if any, before the landlord makes a claim against the surety bond. If a tenant pays any damages directly
offer a tenant the option of purchasing a surety bond in lieu of providing some or all of a security deposit, but a landlord may not require nor otherwise be required to consent to the purchase of a surety bond
reasonable expenses incurred in the repair of damage to a dwelling unit caused by the tenant. Retention of a security deposit or any portion of a security deposit for reasons permitted under section 6033 does not constitute a fee, penalty
with a minimum of 30 days' notice. Except as provided in section 6033, a landlord may not retain a security deposit or a portion of a security deposit for a lease or tenancy at will terminated as a result
written notice. Except as provided in section 6033, a landlord may not retain any fee, any security deposit or a portion of a security deposit for a lease or tenancy at will terminated as a result of a failure
sold or transferred, the new landlord shall accept the tenant's surety bond and may not require an additional security deposit or surety bond from the tenant during the rental term that the premises is sold or transferred
Maximum security deposit A lease or tenancy at will agreement for a dwelling intended for human habitation may not require a security deposit equivalent to more than the rent for 2 months. [PL 2009, c. 566, §22 (AMD).] SECTION HISTORY
Penalty. If a landlord fails to provide a written statement or to return the security deposit within the time specified in subsection 2, the landlord shall forfeit his right to withhold any portion of the security deposit
attorney's fees. [PL 2009, c. 566, §24 (NEW).] 3. Application. The provisions of subsection 2 apply to all security deposits collected by a landlord after June 1, 2010. As of October 1, 2010, the provisions of subsection 2 apply
Exemptions 1. Federally guaranteed mortgages. Any of the provisions of this chapter relative to security deposits which may be in conflict with the terms of a mortgage guaranteed by the United States or any authority created under the laws thereof
Release from liability following compliance. Upon compliance with this section, the person in possession of the security deposit shall be relieved of further liability, and the transferee, in relation to those funds, shall be deemed to have
predetermined recurring basis to fulfill the requirements of a lease or tenancy at will agreement. "Rent" does not include security deposits, utility service costs, fees, penalties or charges that are issued to reimburse the landlord for reasonable costs or that
incidents of actual or threatened domestic violence, sexual assault or stalking beyond the value of the victim's security deposit, as long as the alleged perpetrator is a tenant and the victim provides written notice of the damage and documentation
amount of money in excess of the total of the rent for the first full month of occupancy, a security deposit as limited by section 6032 and any mandatory recurring fee as defined in section 6000, subsection 1‑A that