Updated almost 8 years ago on . Most recent reply
Security Deposit Clause On A Lease Agreement
I am renewing my tenant's condo lease. The security deposit carries over to the new lease. I have worded it this way:
On signing this Agreement, the Tenant’s security deposit of $2,000 from the 2017 lease is carried over to this 2018 lease agreement.
I just need feedback if that is good enough. Any suggestions and feedback is appreciated. Thanks.