- Some hotels, buildings or landlords may request a pet security deposit if the building owner or property owner allows pets. Usually a lease or rental agreement spells out the terms and stipulations of a pet on the property. A pet security deposit covers any damages or mishaps that may occur with a pet. Some damages include flea removal, broken blinds, ripped or stained carpet and scratch marks.
- A carpet security deposit is money held for repairing carpeting. Tenants are usually responsible for the carpet's remaining life expectancy and not the full amount of replacing the carpet due to wear and tear. Therefore, a landlord cannot request a tenant to play for normal wear and tear of carpeting. However, a landlord can deduct from the carpet security deposit when a tenant damages carpet accidentally or deliberately. For example, if a tenant accidentally spills bleach on the carpet, a landlord has the right to subtract money from the carpet security deposit.
- A condo security deposit is usually separate from rental security deposits, since condos fall under laws pertaining to condominium facilities. Additionally, condo security deposits concern damage inside the unit and not common areas where other owners dwell. You should not apply a regular rental security deposit when it comes to condominium living.
- Most apartment owners request a security deposit just in case a tenant happens to damage his dwelling. In addition, landlords may ask for up to two months rent, depending on the state. A landlord cannot subtract fees, however, for normal deterioration, such as nail holes.
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