What Is A Security Deposit In SFR Investing?
A security deposit is a monetary deposit held by landlords to protect against tenant-caused damage.
A Security Deposit is a monetary deposit given to a landlord to hold in security against potential damage caused by the tenant. Security deposits can be either refundable or nonrefundable, depending on the terms of the agreement.
The information in this article is for educational purposes only and does not constitute tax, legal, financial, or investment advice. Consult a qualified professional before making investment decisions.