Why Security Deposits Can't Cover Last Month Rent

In this video, we'll explain why a security deposit doesn't cover the last month's rent. Many renters assume that the security deposit can be used for their final rent payment, but that's usually not the case. A security deposit is meant to cover any damages or unpaid fees after you move out, not rent. Using it as rent can leave landlords without a way to cover potential repair costs or unpaid utilities. We'll break down the reasons behind this policy to help you avoid unexpected costs or issues when ending a lease.