The security deposit (amount shown in the Basic Terms) is paid as a guarantee that you will:

• pay rent and utilities, and

• take care of the apartment and follow the contract.

At the end of the tenancy, the landlord returns the deposit within a reasonable time, but can legally:

• wait for final utility bills and

• check and repair any damage before returning it.

The landlord can keep all or part of the deposit if:

• you terminate the contract early,

• you owe rent or utilities, or

• there is damage or cleaning needed beyond normal wear and tear.

The deposit cannot be used as rent or utilities during the contract, unless the landlord and tenant make an exceptional, written agreement for the last month’s utilities.