Property Management

The maximum security deposit a Virginia residential landlord may collect is:

AOne month's rent
BTwo months' rent✓ Correct
CThree months' rent
DThere is no statutory limit

Explanation

The VRLTA limits security deposits for residential rentals to no more than two months' rent. Property rights and ownership forms are governed by Virginia state law and common law principles.. The correct answer is Two months' rent.

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