Understanding North Dakota Security Deposit Law: A Guide for Tenants and Landlords
Navigating the nuances of North Dakota Security Deposit Law is crucial for tenants and landlords. This article aims to clarify key aspects of the law, ensuring compliance and understanding for all parties involved.
Maximum Security Deposit Amount
North Dakota law permits landlords to require a security deposit of up to one month’s rent. Also, landlords may ask for an extra deposit if the tenant has a pet. In cases where the tenant has a felony conviction, the security deposit can be as high as two months’ rent.
Landlords must return the security deposit and an itemized list of any deductions within 30 days of the tenant moving out. Deductions can include damages to the property or unpaid rent, but not for everyday wear and tear.
Interest on Security Deposits
For lease agreements longer than nine months, landlords in North Dakota must pay interest on the security deposits held.
Pet Deposits and Service Animals under North Dakota Security Deposit Law
While landlords can charge an additional deposit for pets, they cannot do so for service animals. However, they may require documentation, such as a medical note, to verify the service animal’s status.
Documentation for Renters
At the start of a tenancy, landlords must provide a detailed document outlining the property’s current condition. Both parties need to note any existing damages before signing the lease. Upon moving out, the tenant should receive an itemized list of deductions from their security deposit, if any.
If a landlord in North Dakota fails to provide an itemized list of deductions from the security deposit at move-out, the tenant may be entitled to take legal action. North Dakota security deposit law states that landlords are to furnish this itemized list and any portion of the security deposit due back to the tenant within 30 days of move-out. Not adhering to this requirement can be viewed as a violation of the tenant’s rights, potentially leading to legal consequences for the landlord, including but not limited to the return of the entire security deposit amount and possibly additional damages or penalties as dictated by state law.
Understanding these essential aspects of North Dakota’s Security Deposit Law helps ensure a fair and transparent relationship between landlords and tenants, aligning with legal requirements and fostering a harmonious rental experience.
Qira aims to keep this information as up-to-date as possible. The content provided here is informational and should be different from legal counsel. Please refer to the relevant government sources to check for any changes or updates to the law.