Which of the following is true regarding a security deposit on an apartment lease?
A) Refund of any unused security deposit must be within a reasonable time usually two weeks or a month.
B) The landlord has no duty to itemize and explain charges against the security deposit as long as they are made in good faith.
C) Only half the security deposit of an amount of $1,000 can be used to repair damages caused to the tenancy.
D) If damages to an apartment exceed the amount of the security deposit the tenant is not liable for the additional damages.
Correct Answer:
Verified
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