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    mymissy's Avatar
    mymissy Posts: 5, Reputation: 1
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    #1

    Nov 13, 2007, 02:20 PM
    Increase in security deposit
    The state law in new jersey about increases in security deposits says a landlord can only raise your deposit once a year no more then 10% on current deposit. i've lived in this mobile home park for 43 yrs. This is my second mobile home here. My current deposit is only $90 he wants to raise it $364.00 more. If my current deposit is $90 10% is $9 am i right?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Nov 14, 2007, 06:44 AM
    Hello my:

    I think your math is correct. However, I wonder if he's just going to go away when you present him with THE LAW. Probably not.

    But, if you wrote him a letter stating what the law is, and if you sent the letter certified, return receipt requested, I'll bet he might. Include your check for $9.

    excon
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
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    #3

    Nov 14, 2007, 06:52 AM
    Where did you come up with a law in NJ that says the landlord can't increase your deposit by more than 10%? I know of no such law.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #4

    Nov 14, 2007, 07:08 AM
    By the way Lisa is a Real Estate Attorney in NJ so if she doesn't know of such a law...

    Also rental of a mobile home lot may not come under regular tenant/landlord laws. Finally, the law (if one exists) may not prohibit catchups. So, if your deposit hasn't been raised in a long time he may be allowed to catch up.
    mymissy's Avatar
    mymissy Posts: 5, Reputation: 1
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    #5

    Nov 14, 2007, 07:14 AM
    Comment on LisaB4657's post
    Go to nj state laws for mobile
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