A security deposit form usually refers to a residential security deposit form where the landlord takes an amount from the tenant as security money in case there is any damage in the property and in return for that he gives a receipt or mentions it in the lease agreement. However, a security deposit form is not exclusive to residential purposes alone but could also mean any other security too, like some DVD, book or car rental services ask for a security amount from the client in case the item they have rented is damaged accidently. This security money which is deposited with the owner is returned to the client once the item is returned or in case of a tenant, once he leaves the premises.
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