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Why would a landlord charge less than a month's rent for a security deposit?

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Stirring Unholy Whorehouse
  02/17/18
Most obvious answer is that the local custom isn't trying to...
brilliant big trump supporter new version
  02/17/18
...
Stirring Unholy Whorehouse
  02/17/18
Don't you pay rent the 1st of the month Security deposit ...
brilliant big trump supporter new version
  02/17/18


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Date: February 17th, 2018 4:20 PM
Author: Stirring Unholy Whorehouse



(http://www.autoadmit.com/thread.php?thread_id=3896067&forum_id=2#35426084)



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Date: February 17th, 2018 4:26 PM
Author: brilliant big trump supporter new version

Most obvious answer is that the local custom isn't trying to dick people over on security deposits. The idea that landlords can ask to hold thousands of your dollars is a pretty coastal attitude. They're just nicer and more practical than your average NYC slumlord.

The more business related reason is that there may be administrative hassle with holding security deposits. Law may require it go in an interest bearing account, be held in a certain institution, etc.

(http://www.autoadmit.com/thread.php?thread_id=3896067&forum_id=2#35426120)



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Date: February 17th, 2018 4:29 PM
Author: Stirring Unholy Whorehouse



(http://www.autoadmit.com/thread.php?thread_id=3896067&forum_id=2#35426146)



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Date: February 17th, 2018 4:31 PM
Author: brilliant big trump supporter new version

Don't you pay rent the 1st of the month

Security deposit is more for damages in excess of normal wear and tear.

(http://www.autoadmit.com/thread.php?thread_id=3896067&forum_id=2#35426157)