§ 528 - Security Deposits - Vermont Statutes

§ 1-528. Security Deposits

A landlord may require a security deposit equivalent to no more than one (1) month's rent for the rental, lease or occupancy of a rental unit as a dwelling. Interest equivalent to a Vermont passbook savings account shall be paid on the deposit and the total amount shall be returned to the tenant upon the termination of a leasing or rental agreement. However, all or part of the deposit can be held against damage beyond normal wear and tear to the premises which is attributable to the tenant, against nonpayment of rent, against nonpayment of utility or other charges which the tenant was required to pay directly to the landlord, and against expenses required to remove from the rental unit articles abandoned by the tenant.