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Yes, you are required to submit your security deposit and application fees for all parties for your application to be considered complete and the property to be put on hold.
Your security deposit will be refunded to you. Times vary for refund dependent upon payment method.
It can take up to thirty days to reconcile your deposit.
All owner payments are made by direct deposit.
Payments go out the second week of the month, and statements are sent out at the same time.
Typically, a security deposit is equal to one month's rent.
Hendricks Property Management will hold the security deposit for the duration of the tenancy. When the tenant vacates the property, the property manager will settle the deposit less any damages or repairs that were caused by the tenant.
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