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What are deposits?

A deposit is a security prepayment that we keep for the period that members are staying with us, which we can use to cover unpaid rent or to pay for damages caused by members. The deposit is equal to one monthly membership fee.

If a member decides to leave us, we either use the deposit as a last month membership fee payment, or we transfer it back to the bank account of the member.

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  1. Alex Tokmakchiev

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