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Explain the security deposit?

April 26, 2017deposit explain security

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Explain the security deposit?

1 Answer

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(A) The security deposit/damage deposit is an amount equal to 1 1/2 X your monthly rent. This is money you may get back at the end of the year. Any damages that have occurred throughout the year are deducted from this amount. An itemized list of any damages deducted will be returned with a check for the remainder of the deposit money as long as we receive a forwarding address with in 4 days of the end of your lease. For further info please call our office.