What does OCRF mean? is explained earlier. You might also like some similar terms related to OCRF to know more about it.
An Automated Clearing House (ACH) deposit is an electronic transfer of funds using the Automated Clearing House. The Automated Clearing House is a secure network in the United States through which banks and other financial institutions can transmit electronic transactions. An ACH deposit means that funds are electronically deposited into an account.
A security deposit is any advance rental payment other than (1) an advance payment for the first month's rent and (2) a deposit for a key or any special equipment (CGS Â§ 47a-21(a)). By law, a security deposit is the tenant ' s property, in which the landlord or his or her successor has an interest to secure the tenant's obligations.