5 Reasons a Landlord Might Keep Your Security Deposit
As long as a tenant abides by the terms of their lease and keeps their unit in good condition, they should expect a full refund of their deposit when their lease expires. Each state's laws are different when it comes to keeping your security deposit. Here are 5 reasons a landlord might keep all or a portion of your deposit:
Early termination of your lease
Nonpayment of rent - a breach of lease
Damage to the property
Money owed for utilities
Be sure to have a conversation with your landlord at lease signing about your security deposit in addition to checking the laws of the state, city, and county where the property is located.
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