Posted by david on April 02, 2001 at 14:25:44:
In Reply to: Lease renewal posted by R.Niaz on April 02, 2001 at 10:15:04:
If the lease says 2 MONTHS rent as security, then yes you have topay theincrease, BUT if it says say $1000 for security then NO since the security was not tied to the monthly rent
: I have agreed to renew my apartment lease for another year at a rent increase by $50. My landlord has sent me a renewal form demanding that I pay an additional $100 as 2 months security. I had paid him 2 months rent as security last year when I moved in. Are landlords supposed to demand additional security as rent goes up?
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