Updated about 10 years ago on . Most recent reply

Security deposit allocation
Hello,
I would like to put down laminate/wood flooring in one of the houses I own once the current tenants move out.
The carpeting that is currently in place is on it's last leg, and the tenants have pets so I expect the condition upon their move out to require replacement anyways.
My question is: may I use the portion of the security deposit that I would have used to purchase new carpeting towards the purchase/installation of laminate/wood flooring?
Is this an appropriate use of the security deposit?