Cleaning Deposit


Definition of "Cleaning deposit"

Nonrefundable fee to pay for the painting and cleaning of an apartment or office unit after a tenant vacates the premises.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Funding Agreement

Private placement investment contract sold by insurance companies. This product has no registration ...

Water Level

Surface level of water. ...

Discretionary ARM

An ARM on which the lender has the right to change the interest rate at any time, for any reason, by ...

Voidable

Descriptive of a contract that may be annulled by a party to it due to some illegality, incompetence ...

Trade Name

Word, or group of words, that identifies a business or one of its products. The name is registered w ...

Life Annuity Certain

Annuity guaranteeing a given number of income payments whether or not the annuitant is alive to rece ...

Related Real Estate FAQ

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

What Is A Buyer's Agent?

On most transactions, there is usually a listing agent and a selling agent. The selling agent is som ...

What Is Underwriting?

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

What Is A Lien?

A lien is a claim against a property. ...

What Is A REALTOR®?

A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affi ...

What Is A Down Payment?

A down payment is the money you pay up front for the purchase of a home. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Why Right Now is a Good Time for Millennials to Buy a Home 10 Tips for Homebuyers What is the Best Time of Year to Buy a Home? 7 Tips for a First Time Homebuyer 7 Things to Consider Before Moving to a New City

FAQ

What is flood insurance? What is a Ginnie Mae? Should I Consolidate My Debt? What is a second mortgage? What are the benefits of Business Owners Insurance?