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Tag Archives: when can landlords keep security deposits

What To Do if a Tenant Breaks the Lease and Moves Out

Your Maryland tenant may have a perfectly legitimate reason for wanting to break their lease agreement and move out. However, as a property owner that earns a living on the monthly rent you collect from your tenant, this type of situation is beyond an inconvenience, regardless of the reason your tenant wants to leave. When […]

How to Determine the Amount of Your Rental’s Security Deposit

  An important part of owning a rental property in Harford County is charging tenants a security deposit at the start of every new lease term. This deposit serves as assurance that your property will be cared for during the course of tenancy. And, if by chance your property is not cared for, this security […]

The Difference Between a Security Deposit and Last Month’s Rent

When a new tenant moves into your property, it’s time to start generating income from your investment. And not just from the first month’s rent – you have two other instant revenue options as well: the last month’s rent and the security deposit. Both of these are excellent ways to test a tenant’s financial stability […]

The Top 5 Reasons to Collect a Security Deposit

Obtaining a security deposit is one of the most important things a landlord can do before renting out their Howard County property. In fact, those that do not require a security deposit from their tenants often face many costly expenses when their tenant moves out. Unfortunately this leaves the landlord responsible for damage to their […]

6 Security Deposit Best Practices You Should Be Using As A Landlord

As a Maryland landlord, you can’t just “wing it” when it comes to handling security deposits. You have to follow specific procedures and adhere to Maryland laws (whether you’re in Prince George’s County or elsewhere in Maryland). Otherwise, you could end up in court and/or owe your tenants a lot of money! To help you […]