What is a security deposit

2 answers:

6 0

Ecurity deposit<span> is any money a landlord takes from a tenant other than the advance payment of rent. The </span>security deposit<span> serves to protect the landlord if the tenant breaks or violates the terms of the lease or rental agreement. It may be used to cover damage to the property, cleaning, key replacement, or back rent.</span>

GREYUIT [131]3 years ago

4 0

Any money a landlord takes from a tenant other than the advanced payment for rent . It's also protection for the landlord if the tenant violates the term of the lease agreement

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