Landlord Question and Answer Forum

Forum / State Landlord Tenant Law / Rent Decreases effects on Security Deposit

What happens in North Carolina to the original higher security deposit if the rent drops. The tenant has been renewing for 3 years and on this 4th year the rent has decreased. Can the original higher security deposit attach to the 4th renewal lease?

D O, NC on Thursday, June 5, 2014

RE: Rent Decreases effects on Security Deposit

Yes it can stay the same, the security deposit does not have to be the same as the rent. There is no state regulation in North Carolina from what I know. Plus let them know that stays the same, they are now saving in rent and if they are good clean tenants they will be getting the higher security back at the end.

Posted by Richard W, PA on Thursday, June 5, 2014

Return to the State Landlord Tenant Law Forum

Read related State Landlord Tenant Law Articles

Documents related to this forum

Articles related to this forum

Can I Add That Clause to My lease?
Posted March 09, 2017 Reader Rating:
Are Rental Lease Rules Really Different From State to State?
Posted March 01, 2017 Reader Rating:
My New Tenant is a Dog
Posted August 24, 2016 Reader Rating:
Landlord Liability & Lawsuits: What Landlords Should Know About Implied Warranty of Habitability
Posted September 10, 2013 Reader Rating:

Highest Rated Discussions
paid deposit, move some furniture in, changed mind Author: ann s, AL Updated: 03/22/2016 Rating:
Breaking a Lease Legally Author: Delisea P, AL Updated: 03/03/2016 Rating:
How to evict a tenant from my home fast ??? Author: Kate S, NV Updated: 09/03/2011 Rating:
Non-Payment Author: Tina S, LA Updated: 01/11/2017 Rating:
AZ Rent Increase Author: Sheila A, AZ Updated: 07/23/2015 Rating:

The forum is completely free to anyone! If you wish to post a message, you must log in. If you are not registered already, Join today to create a free account!

Any comments and opinions that are expressed by the users of this forum are solely those of the authors, and have not been reviewed or approved by ezLandlordForms.