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During a lease renewal can a landlord make you pay more money on a deposit you have already made?
I have just signed a renewal lease that raises my rent by 3%.
My landlord also wants that extra 3% tacked onto the deposit, which I had paid several years ago after moving in. Do you have to also up the price on your deposit? It sounds fishy to me.
5 Answers
- budhah1Lv 61 decade agoFavorite Answer
This is a no brainer.. The additional deposit is in line with the rise of everything else in America.. It is in his right as you have signed a NEW lease. The terms have changed, and you must either accept or move.. Often times the last months rent is part of deposit, and must be raised to pay for the extra increase.
Landlord can do anything he wants at lease renewal.. your choice is to follow him or not
- Anonymous1 decade ago
of course they can. They could triple it.
You can of course, not renew the lease
- 1 decade ago
What state are you in? If there have been changes like you added a pet then yes they can require that. if their are no changes that is very strange and an unreasonable request.
Source(s): Property Manager 8 years. - How do you think about the answers? You can sign in to vote the answer.
