Security Deposit

Monitor what the expected deposit amount is for each unit being listed

• Properties data to identify buildings and units
• Listings data to see the publicly advertised deposit requirements

Use the property management accounts receivable tools to charge and collect security deposits

• Charges: Create a charge on the resident ledger for new security deposits
• Payment Changes: Get updated when a resident makes a payment for the security deposit
• Charge Codes: Identify which charges are associated with security deposit collection

Ensure the resident receives the appropriate amount owed after they move out from the unit and final charges are assessed.

• Resident Move-Out Dates: See exactly when a resident has left the unit and final charges are being assessed
• Charges: See the additional charges being added to the resident ledger after move out
• Invoices: If a refund is owed to the resident, get the full amount due and the contact details of the recipient

• Operational Efficiency: Streamline the security deposit management process
• Better Resident Experience: Incorporate security deposit collection and management in a seamless resident workflow
• Reduced Administrative Burden: Automate the entire deposit management lifecycle