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Rental Property Security Deposits<FIELD> A security deposit is money paid with the tenant to the landlord to hide any repair for the property, caused by the tenant. The security deposit ought to be put in escrow through the landlord, prior to the lease about the property is completed. Security deposits may vary in amounts, but you are usually one month's rent. Some landlords charge extra amounts for tenants with pets, taking into consideration the level of damage a creature may cause. The deposit will be returned for the tenant after the lease, provided the exact property is incorporated in the same condition as in the event it was rented.
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