Property Management
Under the VRLTA, when may a landlord apply a security deposit to unpaid rent?
AAny time during the tenancy without notice
BOnly after the tenancy ends and the tenant fails to pay the final month's rent✓ Correct
CAfter proper notice and expiration of applicable cure periods during the tenancy
DNever — security deposits may only be used for damage repairs
Explanation
Under the VRLTA, security deposits may be applied to unpaid rent and other damages after the tenancy ends. During the tenancy, landlords must follow proper legal procedures to address nonpayment.
People Also Study
Related Virginia Questions
- Under the Virginia Landlord and Tenant Act (VRLTA), a landlord must return a security deposit within how many days after the tenancy ends?Property Management
- The maximum security deposit a Virginia landlord may charge under the VRLTA is:Property Management
- Under the VRLTA, a landlord must provide a tenant with a written itemization of security deposit deductions within:Property Management
- Under the VRLTA, a landlord who wrongfully withholds a security deposit may be liable to the tenant for:Property Management
- A Virginia landlord who requires a higher security deposit from a tenant because of the tenant's national origin is committing:Fair Housing
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.
State-Specific Concepts
DRE Regulation
Study This Topic
Practice More Virginia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Virginia Quiz →