Vermont H0565 restricts security deposits to three months' rent and mandates interest-bearing accounts for deposits.
Vermont H0565 amends state law to limit security deposits to three months' rent for both residential rental agreements and mobile home lot leases. It mandates that landlords and mobile home park owners maintain these deposits in interest-bearing accounts. The bill also specifies that interest accrued in these accounts does not count towards the deposit limit. The changes apply to agreements or leases in effect before July 1, 2026.
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