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What financial transaction is associated with the home rental process?

User Nano HE
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2 Answers

2 votes
Credit Check? Security Deposit?
User Isaias
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3 votes

Answer:

Deposit

Step-by-step explanation:

Leasing or leasing a real estate is a common way to generate extra income. However, many times what can be a dream of fixed income can end in a nightmare.

And is that leasing a property carries the risk that the lessee does not comply with the payment of the rent and / or with the return of the property when the contract ends.

Always remember that the level of risk of the lessee must be evaluated to determine the term of the contract and the amount of the security deposit.

Likewise, the lease or rental agreement must have the advance search clause as it is a tool that allows expediting the eviction of the lessee when the contract has expired or when the lessee fails to pay the rent.

User Josh Valdivieso
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