Web2015 Ohio Revised Code Title [53] LIII REAL PROPERTY Chapter 5321 - LANDLORDS AND TENANTS Section 5321.16 - Procedures for security deposits. Ohio Rev Code § 5321.16 (2015) What's This? (A) Any security deposit in excess of fifty dollars or one month's periodic rent, whichever is greater, shall bear interest on the excess at the rate of five ... WebA security deposit is money, usually 1 to 2 month's rent, that a landlord holds in case the tenant causes any damage to the rental unit or breaks the lease and doesn't pay rent. When the tenant moves out the landlord must return the deposit but can keep some of it to pay for certain items, like damage to the rental unit.
Ohio Code 5321.16 – Procedures for security deposits
WebJun 8, 2024 · Ohio Law Gives Tenants Security Deposit Rights - OSBA Landlord Retaliation/Tenant's Rights Some Relevant Statutes: O.R.C. § 5321.02 - Retaliatory action by the landlord prohibited. O.R.C. § 5321.15 - Acts of landlord prohibited if residential property involved. Information: My Landlord Has Locked Me Out or Shut Off Utilities Webwww.state.oh.us/crc/ HUD Fair Housing Enforcement Center 77 W. Jackson Blvd., Room 2101 Chicago, IL 60604-3507 800-669-9777 TTY 800-927-9275 - 4 - INTRODUCTION In Ohio, landlord-tenant relations and obligations are governed by the Ohio Landlord Tenant Act (Ohio Revised Code 5321) and by the Eviction statute (Ohio Revised Code 1923). shanghai hrdd shipyard
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WebYour landlord must return your security deposit as long as you 1) paid all rent that was due, 2) did not damage the property beyond “normal wear and tear,” and 3) gave your landlord … WebNov 4, 2024 · A security deposit is a refundable payment you make at the start of your lease. It’s usually about one month’s rent, but it can be any amount. You have rights to get some … WebAccording to the Ohio Revised Code (ORC) section 5321.16 (B), “any deduction from the security deposit shall be itemized and identified by the landlord in written notice delivered to the tenant together with the amount due within thirty days after termination of the rental agreement and delivery of possession.” shanghai houston tx