CRE Definition: Security Deposit

CRE Definition: Security Deposit

CRE Definition Series: Security Deposit

A deposit made by a tenant or buyer of property. The landlord or seller will usually determine the amount based upon the tenant’s credit or the purchase price of a building.






About the Author

Lynn Drake’s status is well known in the industry: She’s the commercial realtor focused on maintaining “true north” for her corporate clients. It’s a reputation built on 35 years of commercial real estate experience. Lynn became a commercial realtor in 2001 after 15 years in corporate real estate. Thus far in her career, Lynn has successfully completed over 1,500 real estate transactions ranging from small business tenant leases to the sale and purchase of industrial complexes.