security against damage

See: indemnity
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Most private sector landlords and letting agencies ask tenants for a deposit as security against damage to the property or non-payment of rent by a tenant.
This deposit is usually deducted from the security deposit when you move in, and A security deposit - - this is charged as security against damage to the property or getting into rent arrears - - this deposit should be protected in a Government-approved scheme and a tenant should be provided with details of the scheme.
A Most private landlords and letting agents ask tenants for a deposit as security against damage to the property or non-payment of rent.

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