Passed BothConf. Cmte
- Real Property – Residential Leases – Fee in Lieu of Security Deposit
- Sponsored by
- Senators Benson and Jackson
- In the Senate - Hearing 3/07 at 1:00 p.m.
- Fiscal and Policy Note
Authorizing a landlord to offer the payment of a fee in lieu of a security deposit in a residential lease subject to certain requirements; requiring a landlord to purchase certain insurance coverage using a fee in lieu of a security deposit; establishing certain procedural requirements for a landlord and an insurer relating to certain insurance claims; authorizing a tenant to dispute certain claims by a landlord and providing that claims by a landlord or an insurer are void under certain circumstances; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2023
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( 8-203, 8-203.2 )
Last Updated: 3/30/2023 10:29 AM