In some college towns, landlords are known to hold all of a renter's security deposit at the end of a lease, regardless of the condition that the apartment is in. Why might this happen in the real world?

Question

Imani Dougherty

Business

9 April, 20:32

In some college towns, landlords are known to hold all of a renter's security deposit at the end of a lease, regardless of the condition that the apartment is in. Why might this happen in the real world?

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Answers (2)

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Caroline Howell · Answer 1

Explanation:In the real world, this can happen because tenancy agreement needed to be filled that allow the landlord and the tenants to be joined by law. If the securities that worth the land you lease or the house you rent, is presently at landlord hand. You would be able to respect yourself as a tenant to ensure meeting your monthly agreement or yearly payment of your money. By doing so, if the Landlord hold the renters security and deposit, there would be a continuity or otherwise if withdrawn.

Gaven Oneal · Answer 2

Answer and explanation:

In most cases, landlords tend to charge a deposit as a down payment at the moment of leasing an apartment as collateral in case college students fall behind or damage the property. Though, sometimes even if the conditions of the department are equal as to when the tenant started to live in this house, landlords keep the deposit.

The reason for this is setting a precedent for future tenants. College students tend to change apartments frequently compared to more mature tenants. Then, by keeping the college tenants deposits landlords gradually avoid other college students to request the apartment for lease.

However, landlords cannot keep the deposits in cases like the mentioned above. Tenants who suffered from this kind of abuse can file a case in a Small Claims Court.