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I get that. But the concept of a security deposit is that you get it back when you leave, so long as you haven't damaged the place. Having to pay an additiona

I get that. But the concept of a security deposit is that you get it back when you leave, so long as you haven't damaged the place. Having to pay an additional security deposit each month doesn't make logistical or logical sense. Do they hand you a check for $1M when you leave after ten years? Does the number of damageable surfaces in the apartment increase each month?

tylermac1 12y ago
Not necessarily. I've had security deposits where only a certain percentage is refunded after any necessary deductions. Depends on what they signed in the lease. But still, it was never designed to actually be collected, just a number to scare someone away. Not much more to look into it.