Withholding’s – What can be taken out of your deposit: Tenant damages, waste or neglect of the premises. Unpaid rent Payment which the tenant owes under the rental agreement for the utility service provided by the landlord but not included in… Read More
In some cases, landlords will tell prospective tenants that their unit is in high demand and may ask for ‘earnest money’. Earnest money is money paid to the landlord to hold the apartment/house pending the application process. The landlord has… Read More
It can take a maximum 21 days for a landlord to return a tenant’s security deposit. A tenant must receive the money and an itemized list of anything that was withheld due to damages no later than the 21st day… Read More
It is a one-time deposit of money given to the landlord at the time of lease signing to ensure that rent will be paid and other responsibilities on the lease are performed. This covers the cost if damage comes to… Read More