Security Deposit Waiver Form Template

About this template

A security deposit waiver is a formal document that is created for the purpose of making a guarantee or it waives the amount of security deposit that is intended for the landlord as a means of security. This is money held in trust to cover possible damage that may be incurred during the rental period of the tenant, or even to shoulder lapses of rent payments up to the amount that a security deposit can cover. The security deposit waiver in this case guarantees or assumes the risk of whether an incident arises or not during the term of the lease with the tenant. In order to protect the interest of the other party, it requires the formalities to be set in writing.

This Security Deposit Waiver Form template is a web-based form that a party can fill out any time and anywhere. No need to bring a hard copy print out just to fill up a form physically. This form can be loaded on any mobile device or in a computer. Drawing a signature is not a problem. A signature field is available where writing a signature can be emulated as if it is written on paper. If you are in a property rental business for multiple units, this is a handy tool if you are offering a security deposit waiver for various circumstances. You can easily search and manage your security deposit waivers with this form and eliminate possible mistakes of disclosing waivers to tenants who are not eligible. This simple form can easily be modified as well. Just copy this template to your Jotform account and start exploring what this form can do for your business.