American Tenant Screen, Author at American Tenant Screen - Page 3 of 4
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Author: American Tenant Screen

Landlords and property managers know they need to collect a security deposit from tenants in the event their rental unit is damaged. However, what happens if the price of repairs exceeds the amount of the security deposit? Are landlord’s stuck with the extra costs? The answer is: No, not if you do a thorough job....

If you’re a first-time landlord (or even if you’ve just always been a “do it yourself-er kind of guy or gal), you may want to get up to speed on your state’s laws in terms of how to handle a security deposit. In the United States, there are clear rules and regulations you have to follow… and if you don’t know what they are, you could get in a mess of hot water....