Hi all,Am i legally obligated to keep security deposits in a savings account? is this only if the property is under an llc or also if it's my name?Thanks!

I had a tenant text the other day that they paid a deposit and never got a deposit statement and they were trying to buy a house and that this needed to be settled in court.  I saw this and was thinking you have to be...

The Chicago Ordinance is very strict as it relates to security deposits for non-owner occupied properties.   Many, request move-in fees instead.What happens when a check used for the deposit is not cashed? Is that a v...

The PA law reads, ""Escrow Funds Limited:(a) No landlord may require a sum in excess of two months' rent to be deposited in escrow for the payment of damages to the leasehold premises and/or default in rent thereof du...

I just purchased my first multi family on 9/12 which came with a tenant who will be moving out on 10/1. I was cut a check for the tenants deposit. I know that by law I am required to put the money in an interest barri...

I recently attended a probate sale and it required 10% offer price of deposit to be elligible to attend the bid. I didn't win. The issue is it has been 11 days and I still did not get my deposit back. My agent said th...

I have a minimum credit score requirement of 650 of all applicants, 2.5x monthly rent in documented income and positive background checks. If they don't have this score do any of you charge a higher Security Deposit ...

 If I need to send a certified letter with a lot of paperwrk,to a tenant who moved out  an wont give new adress ,can they use a lawyer to receive these documents .It confirms the $ an invoice of cost deducted from sec...

I have a tenant that has bad credit is it legal to require additional security deposit in Texas

Hey All,Do any of you require damage deposits from guests for booking your vacation rentals?I recently acquired and launched a new property on Airbnb and VRBO that is $500-$600 avg. nightly rate compared to other prop...