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Updated almost 5 years ago on . Most recent reply

Anthony Prob's profile image
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Anthony Prob
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Anthony Prob
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Anthony Prob
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General Landlording & Rental Properties

Taking security deposits for missing rent

Anthony Prob
Posted

Is this advisable with the current situation?

What are the ramifications of this?

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Patrick M.'s profile image
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Patrick M.
  • Rental Property Investor
  • from Red Bank, NJ
  • Member since Jan 24, 2017
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Patrick M.'s profile image
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Patrick M.
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  • from Red Bank, NJ
  • Member since Jan 24, 2017
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Patrick M.
  • Rental Property Investor
  • Red Bank, NJ
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Patrick M.
  • Rental Property Investor
  • Red Bank, NJ
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Don't. A security deposit is not meant to carry a tenant, it is to mitigate damage.

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