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As a landlord, having tenants pay a security deposit can help provide a landlord with some cushion against potential financial damages. These can occur in any of the following ways: If a tenant moves out of their rental unit without paying the unpaid rent If a tenant moves out of their rental unit without clearing their unpaid utility bills In the case a tenant abandons a dwelling unit If a tenant (or their guest) causes negligent damage to the rental In such cases, the landlord will be able to minimize their losses by making appropriate ded…

As you may know, each state in the US has their own local landlord tenant laws to protect all parties involved with a rental unit. If you’ve ever been curious about the Virginia landlord tenant law, then keep reading! Tenant’s Rights and Obligations in Virginia In each state, the landlord and tenant has their own set of rights and obligations to protect both parties from being taken advantage of. To help landlords better understand the Virginia landlord tenant law, let’s start with the rights and obligations of the Virginia tenant. The rights …