Can a landlord ask a high security deposit and last months rent in a rental agreement?
I am about to help someone get an apartment. I will be giving $695 security deposit. They will give $405 last month rent. Is this okay?
Attorney Answers
2
Ronald Eisenberg ·
Call it what you want, but a lendlord may not collect more than two months' rent for a security deposit.
0 upvotes
Eric Lemp ·
A landlord cannot ask for a security deposit that is more than two month's rent. The rent itself has to be paid in accordance with the lease.
0 upvotes
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