Ep 12: When to Deduct from a Security Deposit
The Landlords Resource

 
 
00:00 / 00:14:40
 
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Security deposits are collected to help pay for any extensive damages caused by a tenant while they inhabited a property. Sometimes it is very clear what damages can be deducted from a security deposit, but in some cases it might not be as clear. Not deducting the correct damages from the security deposit could leave the owner paying a significant amount to get the home back in rent ready shape, but deducting the wrong things from the security deposit could bring about a costly legal dispute. Please join us today as we discuss the purposes of a security deposit and how we make sure that any deductions we make are well within the legal boundaries.

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