Refunding Tenant Security Deposits can get really messy if a landlord doesn't know the law or have a plan. Nexus Property Management® VP of Franchise Sales, Greg Rice, talks about security deposit basics and what the standard is to use these funds for unit repairs.
LEARN MORE ABOUT ALL THINGS SECURITY DEPOSIT RELATED:
Nails in the wall; moldy bath tubs; filthy toilets; soiled carpets; curtain hardware...what qualifies and what doesn't? And what is stopping landlords from just using the entire deposit to turn the unit over?
THE REALITY IS THIS: In a world where we'd all love to think of financial issues as black or white, property management, as highlighted by security deposit refund protocols, is a gray area industry. Do yourself a favor and make sure you're informed and understand your rights and responsibilities. Reach out to our team at Nexus if you're interested in having a professional take of this burden for you or are just looking to learn more. CONTACT US: [ Ссылка ]
NEXUS PROPERTY MANAGEMENT®
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The Property Management Authority®
Connecting You To Better Living®
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Corporate Website - [ Ссылка ]
You Have To Be Careful When Handling Tenant Security Deposits
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