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What is the security deposit used for ?

deposit security Used
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What is the security deposit used for ?

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A. We understand that “bumps and bruise” do occur under normal living conditions, and are not considered noteworthy as a subtraction from the security deposit. Unfortunately, some tenants may find the exuberance of off-campus housing as a reason for deliberate property damage or destruction. In these rare instances, we shall withhold security deposit for any replacement or repair involved. The total, or partial, security deposit amount is returned within 30 days after lease termination.

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This is a fully refundable deposit that is only used where damage is caused to the van during the hire period including interior fixtures and fittings. Insurance covers you in the event of a reported accident / collision.

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