In Chicago, this is one of those areas where you need to be very careful.Yes, the Chicago RLTO can apply to garage spaces, depending on how they are leased.Here’s the practical breakdown:• If the garage is leased as part of a residential tenancy (same tenant, same lease, or a rider/addendum tied to the apartment), then RLTO security deposit rules apply.

Hey guys, Just became a landlord in NJ and had a question about storing of security deposits.

As a Texas landlord or property manager, you can keep a tenant's security deposit in any account, including a separate savings account, as Texas law doesn't require a dedicated escrow or interest-bearing account.

We do not look at securing any money until we actually see the deal, we have actually brought Cash to the table for our borrowers on the same day that they asked for it!

Most properties I see don’t have active security, just cameras that record.For owners and managers here...Do you feel cameras alone are enough to prevent issues after hours, or do they mostly help after something already happened?

There are some security deposit insurance companies can consider (as incentive if want.

For security: what we do in the only locations we are in where thieves will steal toilets (Costa Rica), is pay someone local to guard the property.

It  allows tenants who don't have enough cash for a security deposit to get an insurance policy for $10-$20 per month that covers a $1000 security deposit. 

I think it is a separate "pet deposit" aside from Security deposit.

Or you cannot withhold security deposit and may owe additional penalties if the tenant raises complaint.