Legal Question in Landlord & Tenant Law in Virginia
Security Deposit Reimbursements
Security deposits not returned to Tenants from Landlord within the time specified on the lease agreement but reimbursed at a later date should include what percentage of late fees?
1 Answer from Attorneys
Re: Security Deposit Reimbursements
Typically, late fees do not accrue unless specified by the contract/lease. Depending upon the applicable law, landlords have thirty to forty-five days in which to refund security deposits. If they took longer than that, then normally court action is necessary to collect late fees, but you would then incur legal expenses.
Without further facts I cannot give you more accurate information. You may contact me at Dunlap & Grubb, P.C.; 703-777-7319. Our office is located in northern Virginia, and I do not believe we service your zip code, but you may contact us if you wish. My name is Martin L. Davis.
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