What is the maximum a landlord can charge for a security deposit?

For unfurnished units, landlords cannot charge more than the cost of two months rent for the security deposit. However, if the tenant owns a water bed the landlord is allowed to charge the amount of two times the cost of two and a half months rent.

For furnished units, landlords cannot charge over the amount of three months rent. If the tenant has a waterbed, the landlord may request up to three and a half times the amount of a months rent. Landlords may also require that tenants pay the full amount of the first months rent as well as the total amount of the security deposit.

This website provides general information related to the law designed to help users easily research about possible legal needs. This website does not provide legal advice and Provider is not a law firm.  Please consult your attorney for more specific information.

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