Security Deposit Management
Security deposits are one of the most common sources of disagreement between owners and tenants. Flourrish keeps the deposit properly documented from the start and coordinates a fair, evidence-based settlement when the tenancy ends.
- Available across Chennai
- Can be arranged remotely
About this service
A deposit dispute rarely starts at move-out. It usually begins months earlier, when the amount received was not clearly acknowledged or the property's condition at move-in was never recorded. Our deposit management service addresses this from day one. We confirm the deposit amount and how it was paid, ensure a receipt is issued and link it to the move-in inventory and condition report, so there is a shared reference point for both parties.
When the tenant gives notice, we compare the property's condition against the move-in record, note any damage beyond normal wear and obtain estimates for repairs where needed. We also check for pending rent, utility dues and association charges. A clear settlement statement is then prepared for your approval, showing proposed deductions with supporting photographs and quotes. Once you approve, we communicate the settlement to the tenant and coordinate the handover of keys alongside the refund you release.
What is included
- Recording the deposit amount, payment mode and receipt at the start of the tenancy
- Linking the deposit to the move-in inventory and condition record
- Tracking any agreed deposit top-ups at renewal
- Pre-move-out condition comparison with photographs
- Checking pending rent, utility bills and association dues
- Repair estimates for damage beyond normal wear and tear
- A settlement statement prepared for your approval before refund
Who should use this service
- Owners who have faced deposit disagreements in the past
- NRI owners who need a party in Chennai to manage the end-of-tenancy settlement
- Landlords letting furnished or semi-furnished homes
- Owners of commercial premises with larger deposits
Applicable property types
Why choose Flourrish for security deposit management
Evidence-based deductions
Every proposed deduction is supported by photographs, inventory records or repair quotes.
Fewer disputes
Clear documentation at move-in helps tenants understand and accept fair deductions at move-out.
Owner approval at every step
You see and approve the settlement statement before anything is communicated or refunded.
How it works
- 01
Record the deposit
We confirm the amount received, how it was paid and ensure an acknowledgement is issued.
- 02
Link to move-in condition
The deposit record is tied to the inventory and photographs taken when the tenant moves in.
- 03
Pre-exit review
When notice is given, we inspect the property and identify any damage or pending dues.
- 04
Settlement statement
We prepare a statement of proposed deductions with supporting evidence for your approval.
- 05
Close the tenancy
With your approval, we communicate the settlement, collect the keys and confirm the refund is completed.
Frequently asked questions
Does Flourrish hold the deposit money?
Typically the deposit is paid to and held by the owner. Our role is to document, track and coordinate its settlement. Any other arrangement would be agreed with you in writing beforehand.
What counts as normal wear and tear?
Gradual ageing such as light scuffs or faded paint is generally considered normal, while broken fittings or significant damage usually are not. We assess each case against the move-in record and discuss it with you.
What if the tenant disagrees with the deductions?
We share the evidence with the tenant and try to reach an agreement. If a dispute cannot be resolved, we recommend that you seek advice from a qualified advocate.
Security Deposit Management across Chennai
Flourrish arranges security deposit management for properties throughout Chennai, including areas such as T. Nagar, Nungambakkam, Adyar, Besant Nagar, Perungudi, Thoraipakkam, Anna Nagar, Porur, Perambur, Kolathur, Tambaram, Chromepet and nearby areas. Flourrish travels to your property, so there is no need for you to visit an office.
Not sure whether we cover your location? Contact us and we will confirm.
You may also need
Move-in and Move-out Inspections
Documented condition at the start and end of every tenancy, so deposit discussions rest on evidence.
Rental and LeasingProperty Handover and Inventory Records
Itemised, photo-supported inventory records that both landlord and tenant sign at handover.
Property ManagementRent Collection and Payment Tracking
Owner-side oversight of rent payments, follow-ups and records, so you always know where your income stands.
Rental and LeasingTenant Notices and Move-out Coordination
Orderly handling of vacating notices and the steps that lead to a clean, documented move-out.
Request security deposit management
Fill in the form and we will get in touch to understand your requirements. You can also message us directly on WhatsApp.
- Clear scope and charges before work begins
- Suitable for owners in Chennai or abroad
- Updates by WhatsApp, phone or email
Let Us Take Care of Your Property in Chennai.
Tell us about your property and what you need. We will understand your requirements and suggest a service plan that suits you, wherever you live.