HB 1388 – AS INTRODUCED
2006 SESSION
08/09
HOUSE BILL 1388
AN ACT relative to tenant security deposits and termination of tenancy.
SPONSORS: Rep. Bicknell, Rock 1; Rep. Cady, Rock 1; Rep. Kennedy, Merr 4
This bill increases the amount a landlord may request as a security deposit and clarifies what constitutes failure to comply with a material term of the lease.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
06-2555
08/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Six
AN ACT relative to tenant security deposits and termination of tenancy.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Termination of Tenancy. Amend RSA 540:2, II(c) to read as follows:
(c) Failure of the tenant to comply with a material term of the lease, such failure to include occupancy after the last day of the period of tenancy specified in the lease.
2 Procedure; Security Deposits. Amend RSA 540-A:6, I to read as follows:
I. A landlord shall not demand or receive any security deposit in an amount or value in excess of [one month’s] 2 months’ rent or $100, whichever is greater. Upon receiving a deposit from a tenant, a landlord shall forthwith deliver to the tenant a signed receipt stating the amount of the deposit and specifying the place where the deposit or bond for the deposit pursuant to RSA 540-A:6, II(c) will be held, and shall notify the tenant that any conditions in the rental unit in need of repair or correction should be noted on the receipt or given to the landlord in writing within 5 days of occupancy.
3 Effective Date. This act shall take effect 60 days after its passage.