Forum Archive: Posts by: jas1

I have been living in my current apartment for about 10 months and plan to renew my lease for another year. I received a letter from my landlord letting me know that my rent will increase by 4% and that I have to pay an additional $100 security deposit. This security deposit is in addition to the deposit I paid when I started my lease last year and I have not caused problems or damage which would require additional “insurance”. This is the first time I have heard of anyone paying an additional security deposit to renew their lease – is this a common practice or can I negotiate to have this fee waived?