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Charges Upon Termination
If residence is not returned in the same condition as when rented, the following minimum charges will be deducted from the Security (Performance) Deposit. The cost of labor and materials for cleaning, repairs, removals and replacements, where applicable, or rent loss
due to necessary repair time, and numerous other charges based on actual damages will
be deducted from the security deposit.
About the Author
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Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.
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