What is a security deposit used for?

    A security deposit is a form of insurance for Hosts.

    The security deposit will normally be refunded at the end of the rental period, after deducting all additional expenses incurred on the Guest’s behalf (e.g. additional charges for goods, services and staff which have not been directly paid by the Guest, and utilities bills and internet charges, if applicable) and the cost of replacement or repair for any loss or damage to the property or its surroundings or contents caused during the rental period.

    Was this article helpful? Yes or No