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The new property manager might not demand otherwise discover a protection put or an excellent surety bond, otherwise a combo thereof, for instance the past month’s lease, whose overall matter otherwise well worth is higher than 3 months’ unexpected lease. (1) Except while the given inside paragraph (2) associated with the subsection, a property owner may not impose a safety deposit more than roughly the same as thirty day period’s book per hold tool, regardless of the quantity of clients. A landlord will maybe not consult or found security, yet not denominated, and prepaid book inside the an expense otherwise property value more than one to plus one-1 / 2 of month’s lease. That it subsection does not prohibit a tenant out of willingly spending more than just one and something-half of few days’s rent ahead of time. Collecting the new monthly lease is simple, however, focusing on how accommodations defense put performs might be much harder. A protection put try currency repaid by renter for the property manager while the a guarantee your conditions and terms of the lease will be abided by the.