Virginia Property Manager Audit Regulations

Virginia Property Manager Audit Regulations

Security Deposits

The maximum a landlord can charge for security deposits is two month’s rent.
The landlord has 45 days to return the security deposit after move-out and termination of the lease.


Bank Reconciliation

In order to be compliant with § 54.1-2108.2, it is recommended that escrow accounts be reconciled monthly.



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