Property Management
Which of the following is NOT a legitimate deduction from a Vermont tenant's security deposit?
ARepair of tenant-caused damage beyond normal wear and tear
BUnpaid rent
CCleaning costs for an excessively dirty unit
DNormal wear and tear such as minor wall scuffs and carpet wear from normal use✓ Correct
Explanation
Vermont law prohibits landlords from deducting normal wear and tear from security deposits. Wear and tear refers to the gradual deterioration from normal use — minor scuffs, small nail holes, and carpet wear from regular foot traffic — which is considered a cost of doing business for landlords.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
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