Property Management
Under Indiana landlord-tenant law, the maximum security deposit a residential landlord may collect is:
AOne month's rent
BTwo months' rent
CThree months' rent
DThere is no statutory maximum✓ Correct
Explanation
Indiana does not set a statutory maximum on residential security deposits. However, landlords must return deposits within 45 days of lease termination or 45 days after the tenant provides a forwarding address.
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