Set a fair security deposit based on the monthly rent. Choose how many months of rent to charge and see the total plus the weekly-rent equivalent.
Many jurisdictions cap the security deposit — often at 1–2 months' (or a few weeks') rent — and require it to be held in a protected scheme. Always confirm your local limit before setting one.
A security deposit protects against damage and unpaid rent. One to two months' rent is typical, but many regions set a legal maximum and require the deposit to be protected in an official scheme and returned (less lawful deductions) at the end of the tenancy. Charging above the cap can be unenforceable.
Often one to two months' rent, but many places cap it by law (for example five weeks' rent in England). Always check your local maximum before setting the amount.
Many jurisdictions require deposits to be held in a government-backed or escrow scheme, separate from your own funds. Confirm the rule in your area.
Usually within a set period after move-out (commonly 14–30 days), minus documented lawful deductions for damage or unpaid rent.
RentFlow records each tenant's deposit and itemises deductions at move-out. Free to start.
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