Real estate laws are a set of civil laws, including tenant and landlord issues.
Diverse laws are involved while making a renting or leasing agreement of a property and
one of the most crucial ones included is the concept of security deposits.
Overview of statutes on security deposits:
- Renters are required to pay some amount as a security deposit and it generally has no particular limit in Utah.
This amount is collected by the landlords as to prevent any obligations that may arise through the tenant.
- According to the Utah real estate laws,
the security deposit amount in Utah should be returned in a time span of 30 days after the termination of the lease agreement.