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How much is the Security Deposit and when is it paid?
Last Updated: 2021-01-09 09:37:38    Hits: 9203

The deposit is paid within several days upon signing the lease contract before check in. The common market practice is for you to pay 2 months’ rent as security deposit if the rent is payable on a monthly basis. If you will pay rent on a quarterly basis, the deposit is usually 1 month’s rent, however, some landlords will insist on 2 months’ rent regardless of rent payment terms. Anyway, your property consultant will work with you to obtain the best terms possible. 

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