We always require a security deposit from your tenant. The security deposit is used to make repairs to the property, if any are required, at the time the tenant moves out. The minimum security deposit we will collect is equal to one month’s rent, and the maximum we can legally collect is equal to two month’s rent. In addition, if you allow pets in your rental, we will collect an additional security deposit equal to $500 per pet. The security deposit received from the tenant will be held in our Security Deposit Trust Account until your tenant moves out.