Mark Required Fields In Legal Virginia Landlord Tenant Forms For Free

§ 55-248.. Schedule of interest rates on security deposits. A. The interest rate established by § 55-248. varies annually with the annual rate being equal to four percentage points below the Federal Reserve Board discount rate as of January 1 of each year.

Section 35 of the Virginia Lease breaks down the specifics that are required by law for tenants to perform at the end of their tenancy. It states the following: "Have carpets, gutters, and chimney(s) cleaned by a professional company acceptable to Landlord and provide copies of all paid receipts.

In the event of a breach of the rental agreement or noncompliance by the tenant, the landlord shall be entitled to recover from the tenant the following, regardless of whether or not a lawsuit is filed or an order obtained from a court: (i) rent due and owing as contracted for in the rental agreement, (ii) other ...

The landlord may include in the rental agreement a reasonable liquidated damage penalty, not to exceed an amount equal to 150 percent of the per diem of the monthly rent, for each day the tenant remains in the dwelling unit after the termination date specified in the landlord's notice.

Landlord's Duty to Re-rent in the State of Virginia ing to Virginia state law, landlords have a responsibility to ?mitigate damages? or re-rent to a replacement tenant after renters terminate their leases. This is ing to VA Code § 55-248.33-35.

The Virginia Residential Landlord and Tenant Act (VRLTA), Sections 55-248.2 through 55-248.40 of the Code of Virginia, establishes the rights and obligations of landlords and tenants in the Commonwealth. Only the courts can enforce those rights and responsibilities.