How do I charge the security deposit?

How do I charge the security deposit?

The decision regarding the payment of the security deposit is mutually agreed upon by the landlord and the tenant. Here are some key points to keep in mind:

  1. Agreement on Payment Method: It is the responsibility of both parties to agree on the method of payment for the security deposit, especially if not specified in the advertisement. If a specific method is mentioned in the advertisement, the tenant has the right to choose this method.

  2. Timing of Payment: Tenants are advised to arrange for the payment of the security deposit during the registration process unless a specific deadline is stated in the advertisement. A rental agreement or proof of payment should be exchanged between the parties upon completion of the security deposit payment.

  3. Contact Support: Should you have any concerns or questions regarding the security deposit payment process, please feel free to reach out to our support team. We are here to assist you throughout the rental process.

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