Security Deposit
A reservation deposit is needed to reserve an apartment until the lease commences. When the resident moves in, the reservation deposit then serves as the security deposit. It accrues interest, per the state guidelines, until the resident moves out. The entire security deposit will be refunded with the applicable interest provided that there is no unpaid rent or fees, the apartment is cleaned using the guidelines in this handbook, keys are turned in and there is no damage. When vacating, a resident must return all keys issued to them for the apartment in order to receive their security deposit back, and must also supply management with their forwarding address and phone number.
© 2005 Northern Management
** This site is strictly for NMI tenants. Verification is sent to administration on each individual entering this site indicating email address, username and the amount of time that is spent on the site. This assists us with authenticating the use of this site and the tenants that are viewing it. All items that are on this site are copyrighted. Any unauthorized use is prohibited and will be subject to prosecution.