What is the maximum security deposit allowed under the Arizona Landlord Tenant Act?

Under the Arizona Landlord Tenant Act, the maximum security deposit that a landlord can charge is 1 1/2 month's rent. This provision is in place to protect tenants from excessive upfront costs while still allowing landlords a reasonable amount of security to cover potential damages or unpaid rent.

This allows for a balance in the landlord-tenant relationship, ensuring that landlords are protected against possible tenant defaults while not overburdening tenants with an excessively high security deposit. The specific limit of 1 1/2 month's rent has been established to set a clear expectation for both parties regarding financial obligations at the onset of a tenancy.

Other options suggest different limits, such as simply one month's rent or additional deposits beyond what is allowed by the Act. However, they do not conform with the statute's regulation, making them inappropriate as answers to the query regarding the maximum permitted security deposit in Arizona.