Property Management
A Virginia property manager collects a $3,000 security deposit for an apartment renting at $1,500/month. This violates the VRLTA because:
ASecurity deposits cannot exceed $1,500
BThe VRLTA limits security deposits to two months' rent ($3,000 maximum) — in this case it equals exactly two months and is permissible✓ Correct
CThe deposit exceeds the monthly rent
DDeposits must be under $2,500
Explanation
The VRLTA limits security deposits to two months' rent. $3,000 = 2 × $1,500, which is exactly at the maximum. This is permissible, not a violation.
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