What Is a Security Deposit?

If you have ever signed a lease, you have most likely seen the words “security deposit”. What exactly is this? Why do you need to pay it? What does it cover? Continue reading to find out the answers to these questions! What Is It? The security deposit is a set amount of money that a […]

Ann Arbor Landlords and Tenants Do Not Feel the Same About the New Law

Ann Arbor’s new right-to-renew law has landlords up in arms and tenants relieved. What is this law? How will it affect the citizens of Ann Arbor? The Law Tenants of Ann Arbor apartments will no longer have to worry about not being accepted to renew their lease. City Council voted 10-1 that landlords must either offer lease renewal to […]