caution money的意思|示意

Caution money is a term used most commonly in the context of renting in parts of the world such as India or South Africa. Caution money is essentially a refundable security deposit that a tenant pays to a landlord when they move into a residential or commercial property. It is intended to cover any damages that may occur to the property or delinquent rent payments. It is also sometimes referred to as a security deposit, damage deposit, or advance rent.

Caution money can vary substantially in amount, depending on the individual rental agreement between the landlord and the tenant. Generally, the agreed-upon amount is equal to one to three months' rent. The sum is usually paid when the tenant moves into the property, and it is returnable to the tenant at the end of the tenancy. The landlord can hold onto the caution money until after the tenant vacates the property.

The amount of caution money is typically listed in the lease agreement. In some cases, a tenant may be required to provide a guarantor or third-party assurance in order to receive the caution money back. The landlord may also deduct costs from the caution money, such as repairs or cleaning costs, if property damages occur or the tenant fails to uphold the lease agreement.

In conclusion, caution money is a security deposit that a tenant must pay to the landlord when they move into a property. It is intended to cover any damages that may occur to the property or delinquent rent payments. The amount of caution money can vary and is typically listed in the lease agreement.