PropertyProperty portfolio management Rack-rent Non conforming use Property investment trust Clearance area Private treaty
Security deposit
When entering into a lease agreement, it is important to understand the concept of a security deposit. This is a lump sum payment made to the landlord at the start of the lease, which is typically returned at the end of the lease term. The amount of the deposit can vary based on factors such as the city, type of property, location, and length of the lease. Generally, it can be anywhere from 6 to 18 months of rent. In some cases, landlords may offer a bank guarantee as an alternative form of security for the initial deposit.
Related terms
Understand the meaning and definition of Property portfolio management in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Rack-rent in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Non conforming use in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Property investment trust in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Clearance area in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Private treaty in the context of stock market, trading, and investments.
MORE
Explore other categories
10 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
