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What happens when someone moves and does not leave a forwarding address for any return on the security deposit, all I know is he lives out of state somewhere? How long do I need to wait to return any of the deposit?

Corinne M, MN on Thursday, February 11, 2010

RE: Security deposit

It is important that you try as much as you can to locate and return the security deposit according to your state's regulations. One thing I have done is mail it to the old address (your rental) return receipt requested, certified. If there is a forwarding order issued, it will get to your tenant and he will have to sign for it. This way you can prove you have done all you can to locate them.

Posted by Donna , NC on Monday, February 15, 2010

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