Hey Pal,
When the tenant leaves the premises, the security deposit should be returned after an inspection of the property because it is not taxable. The security deposit may be used to cover the expense of repairing any damage the tenant causes to the rental unit, such as large or minor holes in the walls or broken windows.
However, if you want to get more details regarding what is a security deposit, I would like to suggest that you go through the below-mentioned response;
What is a security deposit?I hope this helps:)
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When do you return security deposit amount?
Dileep
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3 Year
2022-10-10T20:17:16+00:00 2022-10-11T16:58:48+00:00Comment
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