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Are security deposits refundable or can they be retained for cleaning or damage repair costs for rental properties?

April 26, 2017cleaning costs damage deposits properties refundable rental Repair security

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Are security deposits refundable or can they be retained for cleaning or damage repair costs for rental properties?

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Ans. Security deposits are refundable amounts, as long as a tenant carries out his / her responsibilities that have been set out in their lease agreement. A landlord is not legally allowed to keep security deposit amounts, even if the lease calls it by some other name i.e. pre-paid rent.