Common use of Security Deposit Amount Clause in Contracts

Security Deposit Amount. Document the amount of money the Lessee must submit to the Lessor (and held temporarily, by the Lessor, as a security against any property damage and costly lease violations caused by the Lessee). The Lessee will receive a return of this exact amount if the lease successfully terminates with no incidents requiring compensation from the Lessee to the Lessor. Be advised that the time frame of this return as well as the amount that can be submitted as a security deposit are both subject to the state and country regulations where the property is physically located. 8. Leasehold Improvement (23)

Security Deposit Amount. Document the amount of money the Lessee must submit to the Lessor (and held temporarily, by the Lessor, as a security against any property damage and costly lease violations caused by the Lessee). The Lessee will receive a return of this exact amount if the lease successfully terminates with no incidents requiring compensation from the Lessee to the Lessor. Be advised that the time frame of this return as well as the amount that can be submitted as a security deposit are both subject to the state and country regulations where the property is physically located. 8. Leasehold Improvement (23)lease

Security Deposit Amount. Document the amount of money the Lessee must submit to the Lessor (and held temporarily, by the Lessor, as a security against any property damage and costly lease violations caused by the Lessee). The Lessee will receive a return of this exact amount if the lease successfully terminates with no incidents requiring compensation from the Lessee to the Lessor. Be advised that the time frame of this return as well as the amount that can be submitted as a security deposit are both subject to the state and country regulations where the property is physically located. 8. Leasehold Improvement (23)requiring