An upfront payment by the tenant to the landlord as security against non-payment of rent or property damage. In India, deposit amounts vary by state — Tamil Nadu typically 2-6 months, Maharashtra max 3 months. The deposit must be refunded after deducting legitimate costs.
You pay ₹60,000 (3 months' rent) as security deposit. When you leave, the landlord deducts ₹8,000 for 'painting' without showing bills. This is unfair — insist on itemised deductions with receipts. Normal wear (minor wall marks, faded paint) is NOT your responsibility.
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