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Updated almost 5 years ago on . Most recent reply

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Aziz Mansaray
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Using tenant security deposit for maintenance

Aziz Mansaray
Posted

Hey folks, so I've heard different perspectives on this issue and I'm curious to know what the bigger pockets community thinks. Is it ethical to use a tenant's security deposit for repainting and cleaning or regular wear and tear? My initial thoughts are you shouldn't and that the security deposit belongs to the tenant unless the breach the contract or cause damage. What do you ya'll think?

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Illegal in probably every state. Just read your state statutes 

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