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Updated over 3 years ago on . Most recent reply

Tricia O'Brien's profile image
Tricia O'Brien's profile image
Tricia O'Brien
  • Investor
  • from Anchorage, AK
  • Member since May 19, 2015

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Tricia O'Brien's profile image
Tricia O'Brien's profile image
Tricia O'Brien
  • Investor
  • from Anchorage, AK
  • Member since May 19, 2015
Tricia O'Brien
  • Investor
  • Anchorage, AK
76
Votes |
267
Posts
Managing Your Property

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 ! :) 

Indianapolis, Indiana
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Nathan Gesner's profile image
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Nathan Gesner
  • #2 All Forums Contributor
  • Real Estate Broker
  • from Cody, WY
  • Member since Apr 27, 2010

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Nathan Gesner's profile image
Nathan Gesner's profile image
Nathan Gesner
  • #2 All Forums Contributor
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  • from Cody, WY
  • Member since Apr 27, 2010
Nathan Gesner
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  • 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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