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Tag Archives: when can landlords use security deposit

What Is a Rental Security Deposit and Why Is It Important?

why is a security deposit important

Security deposits are an essential part of rental property management. No one likes to think about things going wrong, but a security deposit provides just that – security against unexpected situations such as damages and lease breaks. Deciding how much to charge is just as important as understanding what a security deposit can be used […]

Loss Recovery Tips for Your College Park Rental Home Management Plan

loss recovery for landlords PG county

Losses can come in many forms, lost rent, damages, or unexpected lease breaks are just a few examples. How to handle these losses is an integral part of your College Park rental home management plan. Learn important distinctions regarding damages plus how to recover the loss by legally withholding rent below. What Are Security Deposits […]

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 […]