Rent deposit

Somebody who signs a lease and moves into a new apartment often has to pay a rent deposit to the landlord. The rent deposit is a security for the landlord. If the tenant in the apartment or in the house destroys something, the landlord can repair the damage with the money of the deposit. How much the person has to pay for the deposit, is in the lease. The rent deposit may not be higher than the rent for three months. The person has to pay the deposit right when moving in. You can also pay in installments, but this must be discussed with the landlord. And you have to pay the money within three months. If nothing breaks in the apartment, the person gets the deposit back when moving out.

45 total views, 1 views today

Related posts

Leave a Comment