Security Deposits and Last Month’s Rent

Owner review

Key Responsibilities to Investigate

1. Identify whether each payment is rent, last month’s rent, a security deposit, or another lawful charge.
2. Use required receipts, account handling, statements, and records.
3. Document property condition and any lawful deductions carefully.
4. Confirm current deadlines and procedures before withholding or returning funds.

Build a Documented Process

Written procedures help owners apply requirements consistently. Keep property records, leases, notices, receipts, inspection documents, repair history, invoices, photographs, and communications in an organized file. Record who completed each task and when follow-up is due.

Property condition, tenancy, municipality, housing program, and individual facts can change the applicable requirements. Do not use a general web page as a substitute for property-specific legal or professional advice.