Re: security deposit

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On 4/16/06, symone wrote:
> My intial security deposit was 1months rent $1500.00
> Over the past 3 years the land lord has raised the rent and
> each time he ask me to add the difference also to my
> security deposit so they both match
>
> Is this legal?
> is the initial security deposit to increase as the rent
> does?
>
>
> Please hurry with answer he is about to raise rent again
> and I just cant afford it

You need to read your lease agreement. If it states that
subsequent increases to monthly rent will also include the
increase to be added to your existing security deposit, then
yes, it's legal. If not, then no. However, since you're
probably now on a month-to-month lease, be aware that the
landlord can terminate your lease if you choose not
to "comply".

IMHO: If you cannot afford it, it's time to move.