asked 80.9k views
4 votes
Which type of deposit is paid in advance to protect landlords against nonpayment?

asked
User Rahul P
by
9.0k points

2 Answers

1 vote

Answer:

security desposit

Explanation:

answered
User Grandinero
by
8.0k points
3 votes
Before moving into a rented apartment or house it is common for the landlord (owner of the property) to request a security deposit. At the end of the tenency agreement, if any damage has occured then the landlord can remove money from the security deposit.
answered
User Fafaro
by
8.3k points
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