Finding Text
Federal program - Section 811: Criteria - : The HUD occupancy handbook specifies that a security deposit should be properly refunded to a tenant moves upon out; Condition: a tenant’s security deposit was refunded late by 3 days (1 of 1 file tested); Effect: The tenant security deposit was refunded timely; Cause: Management oversight. Recommendation: Management should make every effort to refund security deposits in a timely manner. Response: Management will make every effort to refund tenant security deposits in a timely manner.