Security Deposits

A security deposit is something that you give to your landlord at the start of a tenancy on the understanding that it will be returned if you keep certain conditions. The conditions will depend upon the reason that the landlord asks for a security deposit. Usually the reason will be to make sure that the rented property is returned in good condition.

Most often a security deposit is a sum of money, but it can also be an item of property.

May 2005