While the amount of the security deposit was printed on my lease, it wasn’t mentioned elsewhere and I never got a receipt. Can I use my security deposit for the last month’s rent? A.

Nearly all rental property owners or management companies require that tenants pay a security deposit. Typically set as one month's rent (or more), the deposit is meant to cover a landlord's ...

WORCESTER — The Worcester Housing Authority Board of Commissioners has rescinded its policy of two upfront prepayments from lease signees, according to the public housing agency.

A security deposit that is used as the final month's rent payment must be claimed as advance rent and is taxable when paid. The Bottom Line A security deposit is a sum of money that's required to ...