rental deposit
Landlord's security payment
A rental deposit is money paid upfront when renting property or equipment, held as security against damage or unpaid obligations.
For apartments, it's typically one or two months' rent, returned when the tenant moves out if conditions are met: We lost half our rental deposit because of the stained carpet.
Also called a security deposit.
- securityProtection from threat
- tenantOne who rents property
- tenant rightsLessee's legal entitlements
- landlordProperty owner renting out
- leaseTemporary use contract
refund · damage · apartment · move-in · move out · escrow · withhold · inspection · deduction · cleaning · keys · walkthrough · checkout · wear · tear · bond · advance · payment
- financial commitmentsloan, mortgage, bond, promissory note, debenture
- depositsCD, FDIC insurance
- prepaymentsadvance payment, prepayment, down payment, downpayment, earnest money
- tenant lawtenant rights, tenant protection, landlord duties, lease agreements, residential leases
- safe deposit itemscash, coins, jewelry, valuables, documents
payment type in rental context
rental depositmonthly rent
Periodic lease payment
rent payment · application fee · pet fee · lease payment · utility payment
rental, deposit, rent, rents, rented, renting, renter, renters, rentable