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What is the maximum amount a landlord can charge for a security deposit?

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What is the maximum amount a landlord can charge for a security deposit?

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For an unfurnished apartment, the maximum security deposit a landlord can charge is an amount equal to two months rent. For a furnished apartment, the maximum security deposit a landlord can charge is an amount equal to three months rent. Note, the fact that landlord provides a refrigerator and cook stove does NOT make an apartment a “furnished” apartment.

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