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"the security deposit [...] shall increase to $12,500 per month" Can someone explain what this means? I've never had to pay a security deposit per month. Tha
by colanderman 12y ago
"the security deposit [...] shall increase to $12,500 per month"
Can someone explain what this means? I've never had to pay a security deposit per month. That must be a copy + paste error?
- tylermac1 12y agoThe numbers are just there to make it impossible to pay. They want the tenant out so they can sell the house.
- colanderman 12y agoI get that. But the concept of a security deposit is that you get it back when you leave, so long as you haven't damaged the place. Having to pay an additional security deposit each month doesn't make logistical or logical sense. Do they hand you a check for $1M when you leave after ten years? Does the number of damageable surfaces in the apartment increase each month?
- tylermac1 12y agoNot necessarily. I've had security deposits where only a certain percentage is refunded after any necessary deductions. Depends on what they signed in the lease. But still, it was never designed to actually be collected, just a number to scare someone away. Not much more to look into it.
- deleted 12y ago[deleted]
- error54 12y agoI believe the person was paying month to month so the per month deposit just refers to general security deposit.