Property Management
A NH landlord who wrongfully withholds a security deposit after a tenant vacates may be liable for:
AOnly the amount wrongfully withheld
BThe amount wrongfully withheld plus potential damages under NH RSA 540-A✓ Correct
CA $50 administrative fine to the state
DNothing if the landlord provides a written explanation
Explanation
NH RSA 540-A:7 provides that a landlord who wrongfully withholds a security deposit may be liable to the tenant for the amount wrongfully withheld plus damages. NH requires landlords to return deposits (or an itemized statement of deductions) within 30 days of the tenant vacating.
Related New Hampshire Property Management Questions
- A NH property manager should document all maintenance requests because:
- A NH property management company charges an owner a 10% management fee on collected rents. If the property generates $3,800/month and has a 5% vacancy rate, what is the monthly management fee?
- A NH residential tenant has not paid rent for 7 days past the due date. The landlord's first legal step in the eviction process is to:
- A NH landlord wishes to convert residential rental units to condominiums. Under NH RSA 356-C, what notice must be given to existing tenants?
- A NH tenant notifies the property manager that the heating system has failed in January. The property manager's immediate obligation is to:
- A NH property manager's errors and omissions (E&O) insurance will NOT typically cover:
- A NH property manager who fails to maintain adequate property insurance coverage for a managed building is liable to the owner for:
- In New Hampshire's Lakes Region, vacation rental properties present unique management challenges because:
Practice More New Hampshire Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Hampshire Quiz →