Was the security deposit handled correctly at closing?

If you're "lucky" your employer matches up to a set percentage, but all that money is eaten by fees, so it's kind of a bummer.

Should have kept his security deposit.

I guess just like with any other product, the price has to match the value sought.

You can get detailed agreements and try to enforce via a security deposit.

I wanted to feel something different internally every day I came to work on it, and doing the exterior first made me proud to come in to work on it on the inside to try and match the looks of the outside.

hey everyone I recently purchased a 4 unit building in Indiana and one tenant moved out two days after I closed on the property. this individual has a one year lease and only stayed 4 months before leaving. i am fine with them leaving but am I obligated to give him his security deposit back?

I know I need to give him back his security deposit minus any repairs within 21 days after he leaves, but is there anything else I need to beware of? 

From the seller's point of view we try to get as big as possible Earnest Money Deposit. 

The notice has to be sent as certified mail saying what exactly and when should it be dated, also how should the late fee be applied if the rent is usually deposited as a check ?