Common use of Security Amount Clause in Contracts

Security Amount. In general, Landlords will seek some protection for their property through a security deposit. This amount of money will be submitted by the Tenant (Family Member) and held by the Landlord to cover any damages or violations the Tenant (or Family Member) is responsible to pay for. If the agreement naturally terminates without incident, this security deposit will be returned to the Tenant. Make sure you are up-to-date on the County and State requirements for how much may be held as a security deposit then document the amount the Landlord shall collect as a security deposit. Section 8. Rent (11)

Security Amount. In general, Landlords will seek some protection for their property through a security deposit. This amount of money will be submitted by the Tenant (Family Member) and held by the Landlord to cover any damages or violations the Tenant (or Family Member) is responsible to pay for. If the agreement naturally terminates without incident, this security deposit will be returned to the Tenant. Make sure you are up-to-date on the County and State requirements for how much may be held as a security deposit then document the amount the Landlord shall collect as a security deposit. Section 8. Rent (11).

Security Amount. In general, Landlords will seek some protection for their property through a security deposit. This amount of money will be submitted by the Tenant (Family Member) and held by the Landlord to cover any damages or violations the Tenant (or Family Member) is responsible to pay for. If the agreement naturally terminates without incident, this security deposit will be returned to the Tenant. Make sure you are up-to-date on the County and State requirements for how much may be held as a security deposit then document the amount the Landlord shall collect as a security deposit. Section 8. Rent (11).