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$2.95OCTOBER 2019Deposit Alternatives Drive More Leases Page 7WaterIntrusion Problems and How to Avoid Disaster Page 10Mystery Maintenance Call: Hornets in My Rental! Page 23www.rentalhousingjournal.com
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What is deposit alternatives?
Deposit alternatives are financial products or mechanisms that can be used in place of traditional security deposits when renting a property.
Who is required to file deposit alternatives?
Landlords or property management companies may be required to offer deposit alternatives as an option to tenants.
How to fill out deposit alternatives?
To fill out deposit alternatives, the landlord or property manager needs to provide information about the alternative product or mechanism being offered in place of a traditional security deposit.
What is the purpose of deposit alternatives?
The purpose of deposit alternatives is to provide tenants with more flexible and affordable options for securing a rental property, while still giving landlords the necessary financial protection.
What information must be reported on deposit alternatives?
Information required to be reported on deposit alternatives may include details of the alternative product or mechanism, terms and conditions, fees, and any additional requirements.
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