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LMSSIO

Security Deposit

A security deposit is a sum of money held by a landlord or lessor as collateral to cover potential damages or unpaid rent by a tenant or lessee. It is typically refundable if the terms of the lease are met and no damages occur.

IRI: http://lmss.sali.org/R9OVtNYUqPXyvuaZmEggp6w
Branch: Financial Concepts and Metrics

Also known as

Damage Deposit, Lease Deposit, Rental Deposit, Tenancy Deposit

Ancestry path

Financial Concepts and Metrics Financial Obligations Contingent Financial Obligations Collateral

Generated from sali-legal/LMSS at 3f9ac0c9357b (2026-03-10). JSON