Description
A Security Deposit Terms Agreement Template outlines the complete terms for collecting, holding, and returning security deposits for rental property or equipment. This document clearly explains deposit purposes, inspection procedures, refund conditions, and dispute resolution to protect both rental companies and renters.
Files Included
- Editable Microsoft Word document you can customize for your specific rental needs
- Print-ready PDF version for immediate use
- Professional formatting with headers, footers and page numbers
- MS Word one-click checkboxes for easy form completion
Template Contents
- Clear security deposit amount specification section
- Multiple payment method options with checkboxes
- Comprehensive purpose of security deposit explanation
- Detailed inspection and documentation procedures
- Complete refund conditions with full and partial refund criteria
- Deduction itemization requirements to ensure transparency
- Timeline specifications for deposit return
- Thorough dispute resolution process
- Governing law section with state/province designation
- Professional signature blocks for both parties
- Integration clause connecting to main rental agreement
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