people's Lawyer


High security deposit

Question I went to rent an apartment. Even though I have excellent credit the landlord as ked for a security deposit of two month's rent. I have never had to pay more tha n one month's rent as a security deposit. Is this legal?
Answer Basically, the landlord owns the apartment, and he determines what the terms of the lease will be. If the landlord wants a large deposit, or not deposit, that i s his choice. The law does not regulate the amount of rent or of the security de posit. All the law requires is that the landlord not discriminate based on race, sex, age, marital status or religion. If you think the deposit is too high, let the landlord know. If he refuses to lower it, your options are to pay it, propo se an alternative amount, or look somewhere else.