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Updated almost 3 years ago on . Most recent reply

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Tricia O'Brien
  • Investor
  • Anchorage, AK
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Indiana - Any Limits on Security Deposit?

Tricia O'Brien
  • Investor
  • Anchorage, AK
Posted

Does Indiana limit the amount you can charge for security deposit?  I want to charge a potential tenant with a german shephard a security deposit of $1,000 for a place that rents for $750/month.  Does Indiana limit the total security deposit to a maximum of 1 month's rent like some states like New York do?  The property is in Muncie IN . Any replies would be appreciated ! :) 

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @David Lambert:

 Right? One book for 49 states and another book for California. I don't understand why anyone invests there.

  • Nathan Gesner
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The DIY Landlord Book
4.7 stars
168 Reviews

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