We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
Some managers may not bother to collect security deposits from move-ins or the full amount due. Maybe that's because they don't fully understand HUD's rules on setting the amounts of security deposits, or they just simply forgot to do it. Whatever the reason, not collecting the full amount due is risky and can jeopardize your right to file special claims with HUD for reimbursement of unpaid rent or damages. Also, security deposits give you a financial cushion against household misconduct.
