Money has a funny way of slipping through the cracks when life gets busy, and security deposits often top that list. Renters move, landlords change hands, paperwork disappears, and suddenly that chunk of cash fades into memory. Then comes the surprise: states can legally scoop up those forgotten funds after a period of inactivity.
This rule, often called a dormancy period, plays a bigger role in personal finance than most people expect. A little awareness can mean the difference between reclaiming hard-earned money or losing it to the system.
