HB 2263: landlord tenant; security deposits |
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PRIME SPONSOR: Representative Toma, LD 22 BILL STATUS: House Engrossed |
Relating to tenant security deposits that are refunded by the landlord.
Provisions
1. Stipulates that if the tenant does not dispute the landlord's deductions made from the tenant's security deposit within 60 days after termination of the tenancy, the amount is final and any further claims are waived. (Sec. 1)
2. Makes technical changes. (Sec. 1)
Current Law
A landlord cannot require a tenant to pay more than one and one-half month's rent for security deposits. The purpose of all nonrefundable deposits must be stated in writing by the landlord and are refundable if not otherwise noted. Any refundable security deposits may be applied to the payment of rent and all charges specified in the signed lease agreement. Upon request, the tenant will be notified when the move-out inspection will occur and may be present. After the tenant's move out date, the landlord has 14 days to itemize the deductions and deliver to the tenant, together with the amount due, any security deposits. (A.R.S. § 33-1321)
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Fifty-third Legislature HB 2263
Second Regular Session Version 3: House Engrossed
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