in Cleveland OH it's a given that it would be the same as a month's rent. Warning: from my personal experience do NOT use that as your last month's rent.
A landlord will keep a security deposit if the condition of the rental property was damaged by the occupant in some manner. The security deposit is to cover the expenses of repairing the rental property after the tenant has moved out of the premises.
The required amount for this rental property includes the first month's rent, the last month's rent, and a security deposit.
Most rental companies require a security deposit.
The policy for this rental property is that a security deposit is required upon move-in, and it may be used for carpet cleaning if necessary upon move-out.
To return the security deposit to the tenant, the landlord should inspect the rental property for damages, deduct any necessary costs for repairs, and then provide the remaining amount of the deposit to the tenant within the specified time frame as required by the rental agreement or local laws.
On a state level, Texas has no maximum security deposit. Individual municipalities, however, can set a cap for residential rental properties.
You are looking to spend between $2000 and $2800 for a 4 bedroom in Chicago.
It should. Some states impose penalties if it doesn't.
First and last months security deposit is given so the landlord has a means of repairing any damage you might do to the house. It encourages the renter to take care of the property in order to get their deposit back.
security deposits protect the landlord if the tenant fails to pay rent or causes damage to the rental premises beyond normal wear and tear. a renter can not choose to pay rent with any portion of that deposit.
The average deposit for apartment rentals in NYC is oen months rent and one months security deposit. If obtaining the apratment through a Realtor, one months rental equivalent may be due as commission as well.
The average nightly rate for a three bedroom, two bath vacation rental in Cozumel is between $225 and $450. Go to www.flipkey.com/vacation+rentals/mexico/yucatan-mayan+riviera/cozumel/ to view your options.