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borgsom

Borgsom is a monetary security paid by one party to another to guarantee the fulfilment of an obligation or to secure a legal remedy. The term is chiefly used in Dutch-speaking jurisdictions and appears in civil, administrative, and criminal contexts. A borgsom may be required to guarantee performance of a contract, cover potential damages, or ensure compliance with a court order. The amount is typically specified in an agreement or determined by a court, and the security can be provided in cash, by a bank guarantee, or by other accepted forms. The security is usually held by the obligee or by the court until the obligation is fulfilled or the contract ends; when discharged, the borgsom is refunded minus any deductions for breaches or outstanding sums, in accordance with applicable law or contract terms.

In housing rental, borgsom is commonly used as a security deposit to cover damages beyond normal wear

In criminal or administrative law, a borgsom may refer to a bail or monetary guarantee that a

The specific rules governing a borgsom—such as when it is demanded, how it is held, and when

and
tear,
unpaid
rent,
or
other
breaches
of
the
lease.
It
is
typically
refundable
after
the
tenancy
ends,
subject
to
deductions
for
legitimate
claims.
defendant
will
appear
in
court.
If
the
person
complies
with
release
conditions
and
the
matter
is
resolved,
the
borgsom
is
usually
returned;
if
not,
it
may
be
forfeited
to
the
state
or
used
to
cover
costs.
it
is
repaid—vary
by
jurisdiction
and
depend
on
contract,
statute,
or
court
order.