Renting a Home

Security Deposits

Are deposits for cleaning, pets, parking, or garage door openers considered security deposits and, thus, refundable?

Yes. If the tenant performs the duties set forth in the lease, the landlord does not have a legal reason to keep the money whether the lease calls it a security deposit or not.

>>What is a security deposit?
>> What does the lease say about security deposits?
>>Are deposits for cleaning, pets, parking, or garage door openers considered security deposits and, thus, refundable?
>>Must landlords hold security deposits in a separate bank account apart from other assets?
>>Does the landlord have to pay interest on deposits?
>>Under what conditions does the landlord owe a refund of the security deposit?
>>What should the tenant do if the landlord does not refund the deposit or refunds what the tenant believes is too little?


Practical Law Home | Renting a Home | Leases | Lease Clauses to Consider | Evictions
*Security Deposits* | Fair Housing | Where to Get More Help

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