Double Deposit for tenants?

[Jesse Rangel]

I have had my duplex since 2007. For every tenenant that wants to renew a yearly contract I do not ask for a new deposit.

I've seen on other forums that you are suppose to ask for new deposit money when renewing a contract with the same tenant.

What do the majority of landlords do? Do you ask for a new deposit for renewing a contract?

[John Underwood]

I still have their deposit from before so I don't ask for another one. This is refundable so it is not extinguished at the end of their current lease.