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FAQ Real Estate Dictionary S Security Deposit
FAQ Real Estate Dictionary S Security Deposit
Security Deposit
- DATE ADDED:
- Tuesday, 07 April 2009
- FAVOURED:
-
0
ANSWER
Money deposited by or for the tenant with the landlord, to be held by the landlord for the following purposes: to remedy tenant defaults for damage to the premises (be it accidental or intentional), for failure to pay rent due, or for failure to return all keys at the end of the tenancy.