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Updated almost 5 years ago,

Sunny C.'s profile image
Sunny C.'s profile image
Sunny C.
Pro Member
  • Real Estate Investor
  • from Jamesburg, New Jersey
  • Member since Feb 23, 2016
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User Stats

38
Posts
5
Votes
Sunny C.'s profile image
Sunny C.'s profile image
Sunny C.
Pro Member
  • Real Estate Investor
  • from Jamesburg, New Jersey
  • Member since Feb 23, 2016
Connect
Sunny C.
Pro Member
  • Real Estate Investor
  • Jamesburg, NJ
5
Votes |
38
Posts
General Landlording & Rental Properties

Security Deposit use by Landlord

Sunny C.
Pro Member
  • Real Estate Investor
  • Jamesburg, NJ
Posted

Hi,

New Jersey EO allows tenants to use Security deposit towards rent. Security deposit amount is in Landlord Tenant Account. As a landlord we have to pay mortgage. How can we use part of security deposit towards our mortgage. What are the rules to replenish the security deposit?

Thank You 

  • Sunny C.
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