Alex Freestone has just signed a six-month lease for an apartment with rent of $600 per month. What is the maximum security deposit the landlord could collect from Alex under the URLTA?

Question

Quizplus · Accepted Answer

Under the Uniform Residential Landlord and Tenant Act (URLTA), the maximum security deposit a landlord can collect is typically equivalent to one month's rent, which in this case is $600.

Alex Freestone Has Just Signed a Six-Month Lease for an Apartment