what does security plus deposit mean?

Floy Fague: Sometimes a deposit is required to hold the apartment while landlord runs your background check or credit check. Those are usually not refundable.If you pass the tests you can then pay the first month's rent and the security deposit and move in.

Gene Debell: Security plus lst month's rent just means you pay the deposit and the first month's rent and that is it. If they want more, they will say security plus first and last month's rent. You are making it more complicated than it is. If you are confused, restate the question to them like, "So, that would be $500 for the deposit and $500 for the first month for a total of a thousand dollars, right?" That will give them a chance to correct you if necessary.

Chastity Doderer: You have to take it. If they no longer require security deposit, they must return the funds that are currently held with interest. The security deposit wasn't for default purposes, it was to protect the individual units repair! s in case you trash the place. However, you do bring up a good point that the current owners may be placing the property up for sale and don't want the burden of all the accounting headaches with the security funds.

Dannie Briseno: It PROBABLY means there is a stray mark on the paperwork that happens the resemble a '+' and happens to be between the words 'security' and 'deposit'.I suspect the document ACTUALLY simply refers to a security deposit, and the '+' is an accident.