District of Columbia Security Deposit Clause

Category:

Leases - Contracts

State:

Multi-State

Control #:

US-CL-645-1

Format:

Instant download

Description

Examples of clauses regarding and surrounding the topic of Security Deposits on a leased property. A security deposit provides the landlord with the assurance that if the tenant defaults on rent or damages the property, the landlord can use the money to recoup the lost rental income or fix the damage. Deposits are returned after expiration of the term provided that covenants and conditions are performed.

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