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Financial Information – Damage Deposit – Apartments

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Prior to Moving In you would have paid a Damage Deposit.

The damage deposit will not exceed one half of the monthly Rent payable for the suite. 

Menno Apartments agrees to keep the damage deposit during the tenancy and to return the damage deposit, with interest, within 15 days of the ending of the Agreement, less any amounts for unpaid Rent and damages including cleaning costs. 

The interest rate will be provided on request. 

Menno Apartments may deduct arrears and damages from the damage deposit.