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LIEU OF SECURITY DEPOSIT. (a) If a security deposit is required by a residential lease, the landlord may choose to offer the tenant an option to pay a fee in lieu of a security deposit. If a landlord offers
Notwithstanding subsection (a)(1), a landlord shall not be considered to be commingling the security deposits with the landlord's assets if there is excess interest in the account in which the security deposits are deposited. "Excess interest" means
Notwithstanding any other provision of law, if a landlord chooses to waive a security deposit requirement, and a tenant agrees to instead pay a fee in lieu of a security deposit, the landlord shall: (a) Ensure that
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
Security deposits, limitation — holding of security deposits, requirements — return of deposit or notice of damages, when — withholding deposit, when — tenant's right to damages — security deposit defined. — 1. A landlord may not demand or receive a security deposit in excess
Security deposit. (a) (1) A landlord may require the payment of security deposit. (2) No landlord may require a security deposit in excess of 1 month’s rent where the rental agreement is for 1 year or more
wilfully or maliciously destroys or damages the real or personal property of said landlord, to the forfeiture of a security deposit, when the cost of repairing or replacing such property exceeds the amount of such security deposit. No deduction
section 47a-21, provided the amount of any such payment shall not exceed the amount of the requested security deposit. Notwithstanding the provisions of subsection (a) of this section, if a person who has previously received a grant
Security deposits. This section shall apply to capital advances under the Section 202 Program and the Section 811 Program, as well as loans financed under subpart E of this part. For loans financed under subpart E of this part
ATCP 134.06ATCP 134.06 Security deposits. ATCP 134.06(1)(1) Check-in procedures; pre-existing damages. ATCP 134.06(1)(a)(a) Before a landlord accepts a security deposit, or converts an earnest money deposit to a security deposit under
security deposit, a court may award to the ten- ant up to triple the amount of that portion of the security deposit wrongfully withheld from the ten- ant, together with the reasonable attorney’s fees and court costs. In determining
Security deposits. (a) (1) A landlord shall hold all security deposits received by him in a federally insured interest- bearing account in a bank, savings and loan association or other financial institution located in the State of Illinois. A security
landlord and the tenant disagree about the right of the landlord to claim and retain the security deposit or any portion of it, either the landlord or the tenant may commence an action in the small claims division
landlord shall maintain all security deposits in federally insured financial institutions, as defined in § 1–101 of the Financial Institutions Article, which do business in the State. (ii) Security deposit accounts shall be maintained in branches of the financial institutions
Security deposits; prepaid rent. (1) As used in this section, “security deposit” includes any last month’s rent deposit. (2)(a) Except as otherwise provided in this section, a landlord may require a tenant to pay a security deposit
Formerly Sec. 17b-802). Security deposit guarantee program. (a) The Commissioner of Housing shall establish, within available appropriations, and administer a security deposit guarantee program for (1) any individual or family whose income is sixty per cent or less
checks defendants had improperly cashed after closing, but declined to award plaintiffs any amount for the security deposits. Plaintiffs appeal from so much of the judgment as implicitly [*2]dismissed their claim to recover the security deposits. As a security
premises and the estimated costs of repair for each and shall tender payment for the difference between the security deposit and such costs of repair of damage to the premises. Failure to do so shall constitute an acknowledgment
first attempt reimbursement from the tenant before filing a claim, that payment of the fee in lieu of a security deposit does not preclude the insurer or the landlord from proceeding against the tenant to recover any unpaid amounts
Exemption from attachment and execution. Assignment to successor. Any security deposit paid by a tenant shall remain the property of such tenant in which the landlord shall have a security interest, as defined in subdivision (35) of subsection