Carlosesantanaparede Carlosesantanaparede
  • 09-05-2019
  • Mathematics
contestada

Which type of deposit is paid in advance to protect landlords against nonpayment?

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absor201
absor201 absor201
  • 10-05-2019

Answer:

Security deposits

Step-by-step explanation:

security deposits are the amount of money that the landlords are supposed to   acquire from tenants in advance while renting out the property as to protect against non-payment.

At the natural time of expiry of the contract between the landlord and tenants the security deposits can be utilized by the landlords for following causes:

Non-payment of rent

Any damage to the rented property

Any other non-paid dues !

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