All of the following are examples of legal restrictions that may be imposed on a tenant's deposit except: ___________.
A) A statutory limitation on the amount of the deposit.
B) A requirement that the landlord hold the deposit in a trust fund.
C) A requirement that the landlord pay interest for the period the deposit is held.
D) A requirement that the landlord can use the security deposit for back rent.

Question

Quizplus · Accepted Answer

Legal restrictions are measures put in place to protect tenants from unfair practices. All the options except D are examples of legal restrictions that may be imposed on a tenant's deposit. A statutory limitation on the amount of the deposit, a requirement that the landlord hold the deposit in a trust fund, and a requirement that the landlord pay interest for the period the deposit is held are all forms of legal protection for tenants. However, allowing the landlord to use the security deposit for back rent is not a legal restriction since it gives the landlord the power to take money from the tenant's deposit for reasons other than damage to the property, unpaid rent, or other legitimate reasons.

All of the Following Are Examples of Legal Restrictions That