HB 2430 Residential Landlord and Tenant Act; security deposits.
Clinton Miller (by request) | all patrons    ...    notes
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Summary:
Virginia Residential Landlord and Tenant Act; security deposits. Allows landlords owning 48 or more rental units, where the individual rental agreements for such units provide for the termination of the tenancies on the same date, (i) to give the required written notice and return of the security deposit due the tenants within 60 days after termination of the tenancy and delivery of the possession and (ii) to pay interest on such security deposits held for a period exceeding 14 months. Current law requires written notice and return of security deposits within 30 days, and interest to be paid on security deposits held for a period in excess 13 months.

Full text:
01/23/95  House: Presented & ordered printed LD2833356  pdf

Status:
01/23/95  House: Presented & ordered printed LD2833356
01/23/95  House: Referred to Committee for Courts of Justice
01/27/95  House: Reported from Courts of Justice (22-Y 0-N)
01/27/95  House: Referred to Committee on General Laws
01/31/95  House: Assigned to General Laws sub-committee: 1
02/04/95  House: Stricken from docket by General Laws (22-Y 0-N)