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Some refer to a deposit as being refundable and fee's as not refundable. Then there are others that want to say that some deposits are nonrefundable and fee can be either refundable or nonrefundable.
Example: Washington state has laws concerning deposits and fees that we should understand. When you moce into a rental unit a deposit and a fee are usually required. The difference between a deposit and a fee is that one is refundable and the other is not. A deposit is an amount of money that a tenant must pay before or at the time he/she moces in. The deposit is often refunded at the end of the rental period IF it was not used to compensate the landlord for damage or repairs. A fee is an amount of moneyh that a tenants pays to the landlord for his or her use.The landlord might use the money to shampoo the carpet when you and your pet leave or to hire a cleaning service. Don't expect a fee to be returned. Arizona AAR has chosen to state that deposits and fee's can be either refundable or nonrefundable. So confusing!
Is there any law that states that for Arizona besides the interpretation by the AAR Arizonia Association of Realtors?
rental but sales also have deposits. I just have a hard time trying to understand how the industry and the associations can set the rules or laws?
Then is a pet deposit or cleaning deposit refundable?
What is the status of a pet fee or cleaning fee?
Ok, It seems like I'm whipping a dead horse. What you just answered is my reasoning but then the say: Pet deposit (nonrefundable)or Cleaning deposit (nonrefundable) and then they alledgely can hold the money. This is why I feel that it should all be a uniform definition. I really understand why the tenants get confused.
Thanks for the help.
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