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A security deposit is a sum of money held in trust. [ 1 ] In leasing, security deposits, also known as "rent deposits", [ 2 ] are required most often by lessors of automobiles , residential property, and commercial real estate .
Time deposit (certificate of ... a security interest is a ... the UCC offers the creditor the choice of either suing the debtor in court or conducting a disposition ...
The security deposit is typically equal to one month’s rent or less, but it can sometimes be more. If you can’t cover that amount yet, you’ll have to save up some cash first. And, of course ...
You may have lived in your apartment for years, but landlord-tenant relationships can do a 180 at move-out time when a security deposit is involved.
In California, there are only four reasons why a landlord may withhold a security deposit: to cover unpaid rent, to clean the rental when a tenant moves out, to repair damages caused by the renter ...
There are regional variations – in Kantō (Eastern Japan, including Tōkyō), a renewal fee (更新料, kōshinryō) is typically charged at contract renewal, similar to repetition of key money, while in Ōsaka key money is instead deducted from a large security deposit, which is known as shikibiki (敷引き), from "rental deposit" (敷金 ...
Shutterstock By Laura Agadoni When you've just landed a new apartment in Boston, MA, a security deposit is kind of like the pile of work on your desk at 5 p.m. on a Friday. You could push it aside ...
A damage deposit or deposit is a sum of money paid in relation to a rented item to ensure it is returned in good condition. They are particularly common in relation to rented accommodation , where they may also be referred to as a tenancy deposit , bond deposit , [ 1 ] or bond .
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