
Security Deposit Return
A security deposit return refers to the process of getting back the money you paid upfront to your landlord or rental agency when you leased a property. This deposit is meant to cover potential damages or unpaid rent. After you move out, the landlord inspects the property and determines if any deductions are necessary for repairs or cleaning. If the property is in good condition, you should receive your full deposit back, usually within a specified time frame, often 30 days. If there are deductions, the landlord must provide an itemized list explaining the charges.