Property Management
Vermont's security deposit law requires landlords who wrongfully withhold a deposit to pay the tenant:
AOnly the original deposit amount
BThe deposit amount plus double damages and attorney's fees in some cases✓ Correct
CA $100 penalty per day of delay
DInterest at 10% per year on the withheld amount
Explanation
Vermont law provides that landlords who wrongfully withhold security deposits may be liable to the tenant for the deposit amount, plus up to double damages and attorney's fees, discouraging improper withholding.
Related Vermont Property Management Questions
- Vermont's commercial landlord's lien gives landlords the right to:
- A Vermont landlord may terminate a month-to-month tenancy by providing:
- Vermont's 'Vermont Rental Housing Improvement Program' assists landlords by:
- An apartment building's capitalization rate increases from 6% to 7% while the NOI remains the same. What happens to the property's value?
- Vermont's Healthy Homes Program addresses:
- A Vermont residential lease that does not specify a term is generally treated as a:
- A Vermont percentage lease is most commonly used in:
- A Vermont commercial tenant's lease includes a 'triple net (NNN)' provision. This means the tenant pays:
Practice More Vermont Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Vermont Quiz →