Security deposits are a standard part of renting a home or apartment. Landlords collect them to cover unpaid rent or damage beyond normal wear and tear. But when it’s time to move out, many tenants face unexpected deductions—or worse, never get their deposit back at all. Understanding your rights and responsibilities can help you avoid disputes and legally recover your money. This guide explains what landlords can and cannot deduct from a deposit, the deadlines for returning funds, and how to take legal action if your money is unfairly withheld. 1. What Is a Security Deposit? A security deposit is an upfront sum—usually one or two months' rent—that tenants pay before moving in. It’s held by the landlord as financial protection in case of: Property damage Excessive cleaning needs Unpaid rent Lease violations However, landlords cannot treat the deposit as extra income. It's still the tenant’s money, and must be returned after move-out unless legitimate dedu...
Security deposits are a standard part of renting a home or apartment. Landlords collect them to cover unpaid rent or damage beyond normal wear and tear. But when it’s time to move out, many tenants face unexpected deductions—or worse, never get their deposit back at all. Understanding your rights and responsibilities can help you avoid disputes and legally recover your money. This guide explains what landlords can and cannot deduct from a deposit, the deadlines for returning funds, and how to take legal action if your money is unfairly withheld. 1. What Is a Security Deposit? A security deposit is an upfront sum—usually one or two months' rent—that tenants pay before moving in. It’s held by the landlord as financial protection in case of: Property damage Excessive cleaning needs Unpaid rent Lease violations However, landlords cannot treat the deposit as extra income. It's still the tenant’s money, and must be returned after move-out unless legitimate dedu...