What do most leases say on the subject of security deposits?
Ans. Pre-printed standard lease forms will typically contain a paragraph explaining that the security deposit amount is meant to assure tenant compliance with all the lease terms. As well, it sets forth conditions under which a landlord will return a tenant’s security deposit amount. Most leases will allow a landlord to keep all or part of it, in case a tenant moves out owing rent, or causes property damage beyond normal wear and tear. It may also be kept for paying for the cleaning costs of rental premises, if a tenant moves out leaving a mess behind.
