What is the law in Connecticut for first and last months rent and security deposit?
Full Question:
What is the law in Connecticut for first and last months rent and security deposit? I am charging first and last months rent and security deposit. Is there some information that can be sent to me regarding this? My realtor is confused per my lease and my lawyer is telling me that there is no such thing as last months rent.
07/30/2007 |
Category: Landlord Ten... ยป Security Dep... |
State: Connecticut |
#7583
Answer:
The following are CT statutes:
(b) Amount of security deposit.
(1) In the case of a tenant under sixty-two years of age, a landlord shall not demand a security deposit in an amount or value in excess of two months' periodic rent which may be in addition to the current month's rent.
(2) In the case of a tenant sixty-two years of age or older, a landlord shall not demand a security deposit in an amount or value in excess of one month's periodic rent, which may be in addition to the current month's rent. Upon the request of a tenant sixty-two years of age or older, any landlord who has received from such tenant a security deposit in an amount or value in excess of one month's periodic rent shall refund to such tenant the portion of such security deposit that exceeds one month's periodic rent.
Sec. 47a-22. (Formerly Sec. 47-23a). Advance rental payments or security deposits for residential units; escrow deposit, interest payable. Section 47a-22 is repealed.
(P.A. 73-607, S. 2, 3; P.A. 75-197; 75-385, S. 3; P.A. 78-113; P.A. 79-559, S. 2; 79-571, S. 37.)
