Ownership
Security deposit accounting records deposits as liabilities, applies lawful deductions at move-out, and returns the remainder on time.
Updated Sep 12, 2026
A security deposit is not rent. It sits on the balance sheet until move-out, when you apply documented charges and refund the rest within the statutory window.
Unitz keeps the deposit on the resident ledger and ties make-ready charges to the same unit so the refund packet is complete. See Resident Experience.
Make-ready is the turn process that takes a vacated unit from notice to rent-ready: clean, repair, paint, and inspect.
An owner statement is the period report of income, expenses, cash, and the net amount due to or from a property owner.
Trust accounting keeps tenant security deposits and other fiduciary funds in segregated accounts, separate from operating cash.
See this in the product: Resident Experience
Start with an account. Add your properties and finish setup at your own pace.