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A security deposit schule handel mit binaren optionen wiki a sum of money held in trust  either as an initial part-payment in a purchasing process often used to prevent the seller selling an item to someone else during an agreed period of time while the buyer verifies the suitability of the item, or arranges finance - also known as an earnest paymentor else, in the course of a rental agreement to ensure the property owner against default by the tenant  and for the cost of repair in relation to any damage explicitly specified in the lease and that did in fact occur.
In certain taxation regimes a deposit need not be declared as part of the gross income of the receiving party person or corporation until either the depositing party or an arbitrator agrees the funds may be used for the intended purpose. A ruling of the United States Supreme Court provides that a deposit differs from an advance payment because the depositing party has dominion over the funds and retains the right to insist upon repayment in cash. On the other hand, the party making an advance payment retains no right to insist upon the return of the funds as long as the recipient fulfills the contractual agreement.
Additionally, both the timing and the schule handel mit binaren optionen wiki of refund are largely within the control of the depositing party, as he or she can choose to insist upon repayment in cash or apply the deposit to purchase services.
Although the recipient may receive an economic benefit from the deposits — i. However, any income that the recipient may earn through the use of the deposit money will be taxable.
Security deposits are required most often by lessors of automobilesapartments, and commercial real estate .
The security deposits required by many residential landlords of their tenants are the source of much dispute and litigation. Many states and municipalities have enacted laws that specifically regulate the landlord's ability to withhold tenant security deposits after a tenant moves out. Some states and cities require that interest be paid to the tenant as it is earned on the security deposit. A landlord's deductions from a tenant's security deposit must be reasonable.
The landlord may make deductions for missing rent payments and for damages beyond ordinary wear and tear, which is the subject matter's depreciation or deterioration in value by reasonable and ordinary use by the tenant.
Examples of non-deductible wear and tear include: Examples of deductible damages include large or excessive holes in the wall, carpet stains, and broken doors and windows. If a landlord wrongfully withholds a tenant's security deposit, the tenant may be entitled to additional damages beyond the amount of the security deposit.
These may include statutory damages for local consumer collection practices act violations, damages that may total two or three times the value of the schule handel mit binaren optionen wiki depending on the stateconsequential resulting damages, interest, and in more rare instances punitive damages.
In some legal regimes the deposit has to be placed with an independent escrow agent or licensed deposit taker such schule handel mit binaren optionen wiki a bank so that the risk of fraud is reduced and the funds earn interest at a fair market rate. Often car rental and car leasing companies will require deposit to protect itself against possible damage to the car.
The cities of MadisonWisconsin and ChicagoIllinois schule handel mit binaren optionen wiki in place substantially greater protection of tenants' security deposit rights than the surrounding areas. From Wikipedia, the free encyclopedia.