Question

A Hawaii landlord has set the monthly rent for a residential unit at $1,850. What's the maximum amount the landlord can require for a security deposit?

a) 85% of the monthly rental amount
b) An amount equal to the monthly rental amount
c) As much as he wants
d) Twice the monthly rental amount

Answer 1

The maximum amount the landlord can require for a security deposit is twice the monthly rental amount, which is $3,700.

Step-by-step explanation:

In the given scenario, the landlord in Hawaii has set the monthly rent for a residential unit at $1,850. According to the information provided, the maximum amount the landlord can require for a security deposit is twice the monthly rental amount, which is $1,850 x 2 = $3,700.