Hey. In addition to the first month's rent, a security deposit is typically paid by the renter when they move into a rental property. Usually, the tenant will receive their deposit back at the conclusion of the lease. But, mostly landlord return the deposit after deduction a certain amount. So, let me tell you why can a landlord keep a security deposit in detail below.
Why can Landlords Keep a Deposit?
Here are a certain situations under which homeowner can keep their tenant’s deposit.
The most common reason is to cover the costs of repairing damages to the property beyond normal wear and tear. This could include broken fixtures, damaged walls, or significant property alterations made without permission.
Landlords can deduct unpaid rent or outstanding utility bills (if the tenant was responsible for paying them) from the security deposit.
If the tenant breaks the lease agreement prematurely, the landlord may be entitled to retain a portion of the deposit to cover losses incurred because of the breach, such as advertising costs to find a new tenant or lost rental income.
While normal cleaning is typically the landlord's responsibility, excessive cleaning required due to the tenant's neglect can justify deductions.
It is best to check your rent agreement for the same.
Get Rental Agreement Drafted with Proper Terms and Conditions by NoBroker Legal Experts.
Also check
Where Does Landlord Keep Security Deposit: Tenancy Act of 2021
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Why can a Landlord Keep a Security Deposit?
Zohan065
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2025-05-21T16:06:54+00:00 2025-05-21T16:06:55+00:00Comment
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