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Nearly all rental property owners or management companies require that tenants pay a security deposit. Typically set as one month's rent (or more), the deposit is meant to cover a landlord's ...
Renting an apartment or any type of residence is relatively simple. You discover a vacant unit, call to arrange a showing, fill out a rental application, sign and write a check for the deposit ...
A landlord's deductions from a tenant's security deposit must be reasonable. The landlord may make deductions for missing rent payments and for damages beyond ordinary wear and tear, which is the subject matter's depreciation or deterioration in value by reasonable and ordinary use by the tenant.
Amanda Flores didn't anticipate any problems getting her rental security deposit back. After all, she paid her portion of the deposit up front to her roommate. In Amanda's view the apartment was ...
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 ...
An earnest payment or earnest money is a specific form of security deposit made in some major transactions such as real estate dealings or required by some official procurement processes to demonstrate that the applicant is serious and willing to demonstrate an earnest of good faith about wanting to complete the transaction.
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