Property Management
In Iowa, a landlord who wrongfully withholds a tenant's security deposit without providing an itemized statement of deductions may be liable to the tenant for:
AOnly the amount wrongfully withheld
BDouble the amount wrongfully withheld plus attorneys' fees✓ Correct
CTriple the security deposit amount
DA $500 flat fine paid to the state
Explanation
Iowa's URLTA provides that a landlord who wrongfully withholds a tenant's security deposit may be liable for double the amount wrongfully withheld plus attorneys' fees. This penalty is designed to discourage landlords from improperly retaining security deposits.
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