The Trainer
ITEMIZING DEDUCTIONS FROM SECURITY DEPOSITS; COMPLYING WITH NEW HUD REGS
In this month's feature, we discussed how to withhold all or part of a security deposit to repair damage caused by the departing resident. If you don't itemize your deductions from the security deposit properly, HUD or a court may find that you wrongfully withheld money, and charge you penalties and interest.
Full Article Access:
Full access to complete articles from Assisted Housing Management Insider is for subscribers only.
- If you are a subscriber, Log In Now
- If you are interested in subscribing, Learn More
Not yet ready to subscribe?