October 19, 2022
Don’t Forget About the Security Deposit
landlordleasesproperty managementsecurity depositadminWhen a tenant moves in, they usually give their housing provider a security deposit — money given to the landlord as proof of intent to move in and care for the residence. The security deposit often is equal to one month’s rent and it serves to pay for repairs or damages caused by the tenant that must be fixed once the tenant leaves. However, if the place is in good shape when the tenants depart, the tenant gets the money refunded to them. Often when tenants move out, they try […]
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