answersLogoWhite

0


Best Answer

A security deposit is an advanced deposit that is generally retained by the landlord during your tenancy. The landlord is obligated to return such deposit within 30 days with interest earned, if any, and/or an itemized list of expenses for which the landlord is offsetting the deposit amount (for which he wants to keep some or all of the deposit). The laws regulating such deposit varies between states under the Landlord/Tenant laws of that state.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Meaning of security deposit
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Besides a security deposit how much can a landlord charge for a pet deposit on 2 cats?

That depends on the laws of the state. In Massachusetts, a pet deposit is a security deposit, and the total security deposit cannot be more than one month's rent.


What is a pet deposit?

Most states consider a pet deposit to be the same as a security deposit. In states that limit the amount of a security deposit, collecting both would be a violation of the law.


Will you receive your full security deposit back?

security deposit from what? try asking again but more detailed


Do you have to return a security deposit by mail?

As long as you get your security deposit back, it doesn't matter how he gives it back to you.


What does the number 310 mean in a social security benefits deposit?

The Social Security benefits. Deposit, accompanied by the service code 310 gives the benefactor an indication that the deposit was a special circumstance deposit. This type of deposit is usually an one time deposit.


What can you do if your landlord refuses to give you back your security deposit because you lost your receipt?

If your landlord accepted the security deposit from you he must return to you unless he have legal grounds to keep all or part of the security deposit. I don't think that the loss of your receipt for the security deposit is enough to allow your landlord to keep it. Thus you can sue him.


What does Pawan mean?

To deposit as security


What is in Vladek's security deposit?

valuables


Can you live your security deposit?

yes


WHAT IS SSA 310 deposit?

Deposit for Social Security Disability payments..


Do you have to subsidize the security deposit when rent is increased?

The landlord has a right to ask for the security deposit to be increased when the monthly rent goes up.


Why would a landlord keep the security deposit?

A landlord will keep a security deposit if the condition of the rental property was damaged by the occupant in some manner. The security deposit is to cover the expenses of repairing the rental property after the tenant has moved out of the premises.