Property Management
In Maine, a landlord who fails to return a security deposit within the required time period without a valid reason may be liable for:
AThe deposit amount only
BTwice the deposit amount plus attorney's fees✓ Correct
CA $500 fine payable to the state
DCriminal prosecution
Explanation
Under Maine law (Title 14 MRSA §6034), a landlord who wrongfully withholds a security deposit is liable to the tenant for twice the amount wrongfully withheld, plus reasonable attorney's fees.
Related Maine Property Management Questions
- A Maine property manager collects a security deposit. The maximum security deposit allowed under Maine law is:
- A Maine property management company that discovers a tenant is subletting without permission should:
- Which of the following is an example of a property manager's fiduciary duty to the owner?
- A Maine landlord fails to return a tenant's $1,500 security deposit within the required timeframe without cause. The tenant is entitled to:
- A Maine property owner wants to rent their summer cottage for vacation rentals. One important requirement is:
- Under Maine law, a landlord must return a tenant's security deposit within how many days after the tenancy ends?
- Under Maine's Manufactured Housing Act, mobile home park residents who wish to purchase their park have:
- A Maine net lease (NNN lease) requires the commercial tenant to pay:
Practice More Maine Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Maine Quiz →