Burlington Code § 18

Citation: Burlington Code § 18 (1)
Parent Document: Burlington Code ch. 18 art. III
Jurisdiction: Burlington (municipal)
Original Source: https://www.codepublishing.com/VT/Burlington/html/Burlington18/Burlington1803.html ↗

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(1) An owner may require a reasonable deposit as a condition for the rental, lease or occupancy of a rental unit as a dwelling as security against damage beyond normal wear and tear to the premises which is attributable to the tenant, against nonpayment of rent, against nonpayment of utility or other charges which the tenant was required to pay directly to the landlord or to a utility, and against expenses required to remove from the rental unit articles abandoned by the tenant. This deposit may not exceed the amount of one month&rsquo;s rent for the unit rented and shall be held by the owner in an interest-bearing account, with an interest rate at least equivalent to a current Vermont bank passbook savings account. This deposit shall not be used by the tenant as the last month&rsquo;s rent unless otherwise specified in a written lease agreement between the parties.

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