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ABA Family Legal Guide
Renting Residential Property
Ending the Landlord-Tenant Relationship
Security Deposits
What does the lease say about security deposits?
A preprinted standard lease form will probably contain a paragraph explaining that the tenant has made the deposit to assure compliance with all the terms of the lease. The lease will also set forth the conditions under which the landlord will return the deposit to the tenant. Most leases allow the landlord to keep all or part of the deposit if the tenant owes rent upon moving out or has caused property damage beyond normal wear and tear. Some of it may also be kept to pay for cleaning the premises for the next tenant.
Copyright © 2004 American Bar Association