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83.49 Deposit money or advance rent; duty of landlord and tenant. Generally, the landlord cannot require you to forfeit your entire security deposit.The landlord can use the security deposit when the tenant moves out, if the landlord has a valid reason for deducting money from it. Tenants forfeit interest on their security deposits for any months when they are more than ten days late paying their rent. Unfortunately, many tenants are unaware of this law and do not receive a proper refund of their deposit. The security deposit has long been a bone of contention between tenants, landlords, and property management companies.
