Legislation
- Title
- Real Property – Residential Leases – Fee in Lieu of Security Deposit
- Sponsored by
- Senators Augustine, Waldstreicher, and Jackson
- Status
- In the Senate - Referred to interim study by Judicial Proceedings
- Analysis
- Fiscal and Policy Note
Synopsis
Authorizing the payment of a fee in lieu of a security deposit in a residential lease, subject to certain requirements; prohibiting a landlord from requiring a tenant to pay a fee in lieu of a security deposit and providing that a landlord is not required to consent to the payment of a fee in lieu of a security deposit by a tenant; providing that a fee in lieu of a security deposit may be paid in any amount and at any frequency agreed on by the landlord and the tenant; etc.
Committees
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): October 1, 2021
History
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File Code
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Subjects
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Statutes
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(
8-203, 8A-1001 )
Last Updated: 4/1/2021 6:27 PM