Appreciate the security deposit addition to the property essentials but it needs to be expanded to have more options.
Big issue is no disclosure of whether the deposit is refundable or not. Many of us break out deposits in many ways, some refundable, some non-refundable, some are fees – not deposits at all. Generally, the industry is listing all non-refundable deposits as “Fees” to avoid any confusion with tenants thinking that deposits are by definition refundable.
The following is what we are manually entering into each listing to fully disclose how the amounts are handled (I threw in amounts, they can vary by property):
$100.00 Refundable Security Deposit
$100 non-refundable administration fee due at time of deposit.
4% monthly administration fee is added to all rental payments.
$300.00 Non-refundable redecorating fee
$100 Pet Refundable deposit (this could be non-refundable as well)
$30.00 additional monthly fee for a pet