Kathleen Lord | Oppose HB1336

Vote ITLunless these changes are made: Change Page 1 line 10 from I. A landlord may require a security deposit of up to 2 months’ rent if an applicant fails to meet the landlord’s approval criteria,... to I. A tenant may offer and a landlord may accept a security deposit of up to 2 months’ rent if an applicant fails to meet the landlord’s approval criteria,... Change Page 2 line 4 from III. A landlord who requires a security deposit exceeding one month’s rent... to III. A landlord who accepts a security deposit exceeding one month’s rent... Change Page 2 line 8 from IV. A tenant who was required to provide a security deposit exceeding one month’s rent under this section... to IV. A tenant who has provided a security deposit exceeding one month’s rent under this section... There is an incorrect term that needs modification: Change Page 2 line 11 to 12: The landlord shall, at its option, issue a refund of rent or ... to The landlord shall, at its option, issue a refund of the security deposit in excess of one month’s rent or ...