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    What To Do When Damages Exceed The Security Deposit

    What To Do When Damages Exceed The Security Deposit

    A tenant is moving out! Depending on your relationship this could be cause to celebrate. Or they might have been great and you’re sad to see them go. Either way, it’s time to assess damages – if any. No matter friend or foe, a landlord still has to make an honest assessment of the apartment. You collected a security deposit at move-in, so you’re covered to a certain extent. But what if repairs are going to exceed the amount saved? Don’t freak out, you’ve got a few options. Ev