Deposits are the money tenants care most about — and the money most likely to cause end-of-tenancy disputes. Homly keeps a full trail from collection to refund.
At move-in
Record the deposit when you onboard the tenant. The unit's default deposit pre-fills the amount; adjust it if you agreed something different.
During the stay
The deposit sits on the tenant's account, visible to both sides. If you deduct from it mid-stay (say, for damage), the deduction is logged with a reason and a date.
At exit
The exit settlement brings everything together:
- Final rent and utility dues up to the leaving date
- Deductions, each with a recorded reason
- The refund amount that closes the account
The tenant gets a clear statement of exactly how the refund was calculated — which is usually the difference between an argument and a handshake.
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