March 7, 2008, Newsletter Issue #71: Know Your Security Deposit Rights

Tip of the Week

Landlords are typically required to return security deposits within 14 to 30 days after you move out of the rental home. The landlord must send to your forwarding address, either your entire deposit (plus interest if applicable in your state) or a written, itemized statement describing how the deposit was applied to a pending issue in the homes for rent to back rent, cleaning, or repairs, plus the remainder of the deposit.

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