1. Money

Elements of Real Estate Lease Agreements

By

4 of 8

The Security Deposit
Most leases have a provision for one or more security deposits against the possibility of non-payment of rent or damages to the property. Most states have stringent rules for how deposits should be handled and for whether interest should be paid to the tenant while the deposit is held. There are many times deadline timelines for refunding of deposits once the lease period is ended, the property is vacated and inspected for damage.

©2014 About.com. All rights reserved.