(j) If a landlord’s interest in the leased premises is sold or transferred, the new landlord shall accept the tenant’s surety bond and may not require:
(1) During the current lease term, an additional security deposit from the tenant; or
(2) At any lease renewal, a surety bond or a security deposit from the tenant that, in addition to any existing surety bond or security deposit, is in an aggregate amount in excess of 1 months’ rent per dwelling unit.
(k) A surety bond issued under this section may only be issued by an admitted carrier licensed by the Delaware Department of Insurance.79 Del. Laws, c. 57,
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5;