A security deposit is a one-time payment a tenant makes to a landlord before moving into a property. The money acts as insurance in case the renter damages the apartment or house, the fixtures or ...

In recent years, a growing number of landlords have opted to forgo traditional security deposits, a trend driven by evolving tenant expectations and changing legal landscapes. This shift is reshaping ...

Rent a Chicago apartment and you used to expect to have to pay a security deposit: an amount, often equivalent to a month’s rent, to be handed over to the landlord as insurance you wouldn’t damage the ...

Landlords are allowed to raise the security deposit each time you renew your lease, but only within the bounds of the law. By Jill Terreri Ramos Q: I live in a rent-stabilized apartment in Bay Ridge, ...

If you’re just getting into the landlord business: A security deposit is money a new tenant pays you up front, usually to cover things like necessary repairs caused by renters or a missed rent payment ...