Damage & Security Deposit Policy

A deposit is not insurance

A security deposit is money held to secure Renter's obligations. It is not insurance, does not cap Renter's liability, and no damage-waiver or protection product is offered. Insurance details are pending verification and are not described by this draft.

How deposits are held

Deposits are tracked separately from rent and are not treated as revenue. They are collected as a charge and refunded, not held as a long-term card authorization. Refund timing: [pending].

Documented inspections

• Dated move-in and move-out photo inspections, shared with Renter.
• Ordinary wear and tear is never deducted.
• Each deduction itemized: description, photos, and invoice or estimate.

Disputes

Renter may dispute any item in writing within [pending] days. Owner will reply in writing with supporting documentation.