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Security Deposit (Dépôt de garantie)

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Term Definition
Security Deposit (Dépôt de garantie)
A landlord may request that a tenant pay a security deposit at the beginning of a tenancy. The security deposit is intended to compensate a landlord for: - Damage caused by the tenant beyond normal wear and tear, - Any unpaid rent or bills, and - Any costs to the landlord if the tenant vacates without proper notice.
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