I get a receipt stating that for $X, the tenant has surrendered possession to the Owner/Landlord on mm/dd/yyyy.I take the approach that the tenant is detrimental to the apartment and other tenants at this location, so condition is not an issue and I'll take it dirty or clean. 

THIS IS NOT A PROPERLY-DESIGNED POLICY.There is no real estate investor anywhere that would accept such low surrender values.

The loan rate that is considered safe out of cash value life insurance policy is closer to 8% per year as your cash value continue to grow on its full value.It is true that the fee of a whole life or IUL life insurance policy are front loaded and it make no sense to use these vehicles if you expect to surrender the policy within 5 years.

The cash value component is still crediting based off the 100k cash value while separately the 50k loan component is being charged within the the policy as well so this is where a positive spread in cost or credit could occur.With respect to lending I can use the net surrender value of the policy to show "reserves," for residential or commercial lending.

(c) If, during the third or subsequent year of a lease, or during any renewal after the expiration of two years of tenancy, the landlord requires the one month’s rent escrow provided herein, upon termination of the lease, or on surrender and acceptance of the leasehold premises, the escrow funds together with interest shall be returned to the tenant in accordance with sections 511.2 and 5127.

After giving notice that he and his family are moving out of the building, a tenant asked if he could surrender his security deposit to cover the final month's rent.  

Landlord is not obligated to prorate rent even if Tenant surrenders the Property before the termination date.[ ] (2) on the date designated in the notice but not sooner than 30 days after the notice is given and, if necessary, rent will be prorated on a daily basis.3.

If a termination notice is given then the $500 security deposit if not surrendered due to prior violations outlined in this document. then it will be returned to the tenant AFTER premises has been vacated and inspected by the landlord.  

(e) Failure of the tenant to provide the landlord with his new address in writing upon termination of the lease or upon surrender and acceptance of the leasehold premisesshall relieve the landlord from any liability under this section."

Some people COCR is the only number that matters, the percentage measuring their success.Checking & Savings accounts give less than 1%Fixed Annuities will give 1-3% (depends on surrender period)Stocks/Mutual Funds are 4-8%Indexed Annuities are 3-12%Real Estate has greater returns 8-30% (no money down will make that number higher), so which percentage do you wamt to see on your investment?"