HOW MUCH IS THE SECURITY DEPOSIT AND WILL I GET IT BACK WHEN I LEAVE? - The Security Deposit varies with each property and is usually around 90% of the rent. Sometimes it can be more and sometimes it is less. It depends on the situation and the owners requirements. Getting your Security Deposit back depends entirely on you. If you stick to all the requirements of the lease, give proper notice, and leave the property in a condition that we can immediately rent it with out having to do any repairs or cleaning, then you should get your Deposit returned.

Here is the excerpt from the Lease Agreement as it pertains to the Security Deposits

SECURITY DEPOSITS
LESSEE pays herewith as a security deposit the above stated sum. Upon lawful termination of the tenancy by either party for any reason, the LESSOR may claim, of the security, only such amounts as are reasonably necessary to remedy LESSEE defaults in the payment of rent, to repair damages to the premises caused by the LESSEE other than normal wear and to pay the reasonable costs of cleaning in excess of the amount of any non-refundable cleaning charge as set above. Should the LESSOR feel that the tenancy or property is at risk due to late payments or other detrimental factors, LESSOR at his option can increase/adjust the Damage/Security Deposit requirements. Should the LESSEE vacate the premises, or be evicted, prior to the end of the term, or give improper notice, all security deposits are forfeit. The excess portion of the security deposit not used as set forth herein shall be refunded to the LESSEE according to law.

**This clause is subject to change without notice. Be sure and read your lease agreement and understand it in its entirety.

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