key deposit

Refundable access payment

A key deposit is money paid to a landlord or property manager as security against lost or unreturned keys.

The deposit is typically refunded when tenants return all keys at the end of a lease: We got our key deposit back when we moved out.

The amount is usually modest compared to security deposits for the unit itself.

Related

tenant · locksmith · apartment · checkout · safekeeping · escrow · collateral · fob · access · unlock · entry · front door · door · housing · real estate · returnable · bond · upfront

Opposites
rental payment timing/direction

key depositdeposit refund

Returned rental security payment

type of rental fee

key depositsecurity deposit

Refundable tenant payment upfront

damage deposit · monthly rent · pet deposit · utility deposit · cleaning fee

rental payment direction

key depositdeposit return

Refund for returned containers

refund · reimbursement

Family

key, deposit, keys, keyed, keying, keyless, keyhole, keyboard, deposits

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G