security deposit
Spanish: depósito de seguridad/garantía
Description
A security deposit is a sum of money that is held by a landlord or service provider to cover potential damages or unpaid rent. It serves as a financial guarantee that the tenant will uphold their obligations under the lease agreement.
Interpreter Notes
Interpreters should be aware that 'depósito de seguridad' and 'garantía' are often used interchangeably, but 'depósito de seguridad' is more formal and preferred in legal contexts. Avoid using colloquial terms that may confuse the meaning, and ensure clarity in discussions about lease agreements and tenant responsibilities.
Example Sentences
EN: The landlord requires a security deposit before signing the lease.
ES: El arrendador requiere un depósito de seguridad antes de firmar el contrato de arrendamiento.
Common Interpreter Mistakes
Confusing 'depósito de seguridad' with 'fianza'; using informal terms that may not be understood in legal contexts; mispronouncing 'depósito' as 'deposíto' which could lead to confusion.