True. It shows a level of responsibility to think ahead and be prepared. It also shows the landlord that you are good with handling your money It gives a way for the property owner or landlord, to be able to recover from any damages or loss in rents. It also shows banks a strenght in the fact that you are operating good business practices. There are more but that is just a few.
In finance, an upfront cost refers to a cost or payment you should pay at the beginning of a specific contract or before you acquire certain goods. For example, inspection fees are part of upfront costs because you need to pay these before really buying a property. This implies a security deposit can be considered as part of an upfront cost considering this need to be pay at the beginning of a contract between the landlord and the tenant, and before the tenant can move into the house or apartment. Thus, one upfront cost of renting an apartment is the security deposit.
The inhalation of mercury vapor can produce harmful effects on the nervous, digestive and immune systems, lungs and kidneys, and may be fatal. Mild, sub-clinical signs of central nervous system toxicity can be seen in workers exposed to an elemental mercury level in the air of 20 μg/m3 or more for several years.
