Security Deposits: 13 Step Checklist for Returning the Security Deposit

How Should You Return the Security Deposit at the End of the Tenancy? You have had a resident follow the proper protocol you outlined in your written lease agreement to give you proper Notice To Quit. Things are ending amiably with a great resident, probably buying a new house for their family, but regardless, they are moving out of your rental and you currently hold a Security Deposit. What do you do now? Below we have outlined the steps you need to take to safely and securely return the remaining Security Deposit back to your resident when they move out of your rental property. Disclaimer: Before we continue, we must[…]

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