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Important Tips when Retaining Security Deposit

Elizabeth Weedon | 8/2/2017

We all know the importance of requiring a security deposit and returning it quickly. But often homeowners are unclear about which issues justify withholding the security deposit, whether they need to provide evidence to the vacationer, etc. In his recent podcast, Tyler Pyburn discusses security deposit issues with Elizabeth Weedon from our Homeowner Support Team – including the important questions: What are the ramifications of withholding security deposit funds? And, is it worth it?

[embed]https://soundcloud.com/weneedavacation/should-you-withhold-a-security-deposit[/embed]

Read our blog for more tips on withholding security deposits.

Read the blog

 

About Elizabeth Weedon

About Elizabeth Weedon: I worked for WeNeedaVacation from 2008 until I retired in 2023. I was also one of the first vacation rental owners on the site in early 1998, when I managed my family’s Vineyard rental home. An enthusiastic member of the support staff, I provided fellow Cape and Islands vacation rental owners with advice about online marketing and rental management techniques. I created and edited much of the content on the website, as well as blogs posts and monthly newsletters. I now live on Martha’s Vineyard full time with my family.