Posts Tagged ‘Security Deposit’

Whether you will receive interest on your security deposit depends on state law and your apartment. If your state requires landlords to pay interest to tenants on paid security deposits and your apartment complex fits within the purview of the law, you will likely receive interest on your security deposit within a few weeks after […] read more

Renting laws, both state and federal, can benefit you as a tenant. Some laws protect you against being thrown out on the streets with no warning or for no good reason. Other laws make it financially possible for you to move into an apartment in first place. It’s important to know basic tenant rights before […] read more

At the end of your lease, you can expect your landlord to inspect the apartment. It’s a sad thought, but some landlords do all that they can to not return the full security deposit or any of it. They look at everything closely, and try to find the smallest defect to charge tenants for. You’ll […] read more

Taking an apartment tour is a good way to measure whether you want to move in, as well as whether you’ll get along with the property manager or landlord. You don’t want to just spend the whole time looking at the features of the apartment and listening; take notes and ask a lot of questions. […] read more

A security deposit can make a difference in what apartment you’re able to afford. A high security deposit may be a barrier to moving into a unit, if you’re not able to negotiate a lower deposit. Some landlords require an amount that clearly violates the law, but fighting them in court over it won’t do […] read more

Moving in to a new apartment can get pricey with the upfront fees charged on top of rent. Being aware of what fees are legitimate and which ones are not can help you avoid being scammed and also help you prepare for what kind of costs to expect. Save up enough money to cover these […] read more

An apartment rental contract, sometimes called a “lease,” is an essential element for any rent agreement. Unless you have legal training, however, the terms and layout of such a contract can be quite confusing. Prior to signing a lease, every tenant should understand the contract prior to agreeing to its terms. The Length of the […] read more

The landlord has a right to ask for and collect a security deposit when you move in, which is an additional deposit that will be used if you cause damage to the apartment (and will be returned if you don’t). This includes a security deposit for any pets you own. Some states allow the landlord […] read more

Once everything is moved out, and the apartment is clean, a tenant would anticipate receiving a returned security deposit. Rather it was $100 or $500, receiving the security deposit back from the landlord is customary, granted the apartment is left clean with no damages. Once you have turned over the keys and received a passing […] read more