Virginia Security Deposit Laws
Per Virginia landlord tenant law, Virginia landlords have a right to ask for a security deposit when they rent out a property to a tenant. The Virginia security deposit ensures compensation for any loss the landlord incurs related to the rental unit because of a tenant’s actions. Such tenant actions include: • Early lease termination. Once a tenant signs the lease or rental agreement, they are contractually obligated to stay and pay rent for the entire term of the lease. There are only two exceptions in this regard. That is, one, if there is…
Virginia Rental Laws - An Overview of Landlord Tenant Rights in Leesburg
Virginia landlord-tenant laws are contained in the Virginia Residential Landlord and Tenant Act. The landlord-tenant relationship can be established either through a verbal or written rental agreement. After the relationship has been established, both parties obtain certain rights and responsibilities as per the Virginia landlord-tenant law. For instance, your tenant obtains the right to live in a habitable rental property. Failure on your part to provide such housing gives your tenant the right to terminate their lease immediately. As a Virg…
