Damage Deposit/ Return

A payment of  Three Hundred Dollars ($300.00) must be paid as the damage deposit. This sum will be due 30 days before arrival with the remainder of the rent.  The damage deposit will be held by Landlord to secure Tenant's full compliance with the terms of this Lease.   Anchor Realty may apply the damage deposit to the payment of any damages the property has suffered due to failure to maintain the Premises, to surrender possession of the Premises thoroughly cleaned and in good condition (reasonable wear and tear excepted), or to fully comply with the terms of this Lease, and any balance, if any, to unpaid rent and fees.  Landlord shall provide Tenant with an itemized accounting, in writing, showing all such deductions and the reasons for such deductions.  Damages will be assessed the day of check-out. If the full deposit is being returned it will refunded on the Monday following check-out in the means it was paid.