Real Estate/Development
Aug. 9, 2021
Security deposits
Security deposits are the most common fight we encounter between landlord and tenant — and the bigger the deposit, the bigger the fight.
Security deposits are the most common fight we encounter between landlord and tenant -- and the bigger the deposit, the bigger the fight. Security deposits are quite common, but to be certain, a security deposit is an odd duck. Legally, a security deposit is extra money given to the landlord by the tenant to secure against the landlord's losses in the event something is damaged or destroyed during the tenant's possession.
"Security...
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