What do I need to know about my security deposit?
You must sign a lease if you are giving a security deposit to a landlord; otherwise there is no evidence or obligation of the deposit. Also, understand the terms and conditions relating to the deposit. Click here for our section on Security Deposits.
When you move out the landlord has 45 days to return your deposit or to notify you in writing if they intend to apply the money towards damages. The landlord has 30 days from notification of payment of damages to return the rest of the deposit.
