A reader who changed her mind about renting a property after paying the deposit wants to know if the landlord can legally retain the deposit until another tenant is found. … [Read more...]
Search Results for: Deposit
Landlord keeps deposit after potential tenant cancels lease
I changed my mind about renting a property after paying the deposit and I would like to know if the landlord can legally retain it until another tenant is found. After viewing the property, I and my husband liked what we saw and paid the deposit to secure the lease. However, after my attorney viewed the lease contract, he pointed out a number of issues that caused us to review our decision … [Read more...]
Do I have to refund tenant’s deposit pro rata?
I have a tenant in a granny flat adjacent to the main dwelling on my property who has been retrenched and says he can no longer afford the rental. After his retrenchment, the tenant asked me to release him from the lease and suggested that his deposit be used in lieu of the last month's rental. As my daughter is moving back home and possibly available to take over the flat, I agreed and … [Read more...]
No obligation to refund part of tenant’s deposit
A reader who rents out a granny flat wants to know if he is obliged to refund the tenant part of his deposit after he was retrenched and could no longer afford the rental. … [Read more...]
How does landlord recoup deposit from former agent?
I would like to know what can be done to recoup the deposit from the agent, whose contract I cancelled because he was not doing a satisfactory job with a property I rented out. After failing to conduct inspections, deal with complaints from the tenants and implement annual rental increases, I issued a written warning. When the situation did not improve I terminated the contract. I asked him … [Read more...]
Recovering deposit from ‘missing’ rental agent
A reader who used an agent to handle a property he rents out wants to know how he can recover the deposit after the agent "disappeared". … [Read more...]
What to do if the rental agency withholds deposit?
What can I do if my former rental estate agency refuses to pay back my deposit as well as extra monies paid while renting? Regards, Frustrated Tenant See what the experts have to say. … [Read more...]
How to retrieve your deposit from a rental agency
A reader, who has vacated her rented property, is struggling to retrieve her deposit and other monies from the rental agency. … [Read more...]
Deposit
A tenant is usually required to pay a rental deposit upfront at the start of a lease agreement. This is usually the equivalent of a month’s rental and should be held by the landlord or managing agent in a separate interest-bearing account for the duration of the lease. If the property is returned in a reasonable state, fair wear and tear excepted, the deposit plus interest will be refunded … [Read more...]
Who gets the interest on rental deposit
The payment and return of rental deposits appears to be a hot topic, as another reader has approached the experts about getting back the interest on a rather sizeable deposit. … [Read more...]
Can the owner hold back my deposit?
I would like to know if the owner of the house that I have been renting for the past five years can hold back my deposit? The agency that has been used is now sequestrated. I would appreciate your help. Kind regards, Confused Tenant Read what the experts have to say. … [Read more...]
How to get your deposit back from an insolvent agent
The experts have been asked by a tenant what he should do about reclaiming his deposit when the rental agent has been declared insolvent. … [Read more...]
Can I reclaim my deposit after giving a week’s notice?
I have a problem with my landlord who is refusing to pay me back my deposit because he said I didn't give him a month notice. I only gave him one week notice because I only found out that week that I'm getting another property and I have to occupy it by month end. We had no written or verbal agreement regarding the rental contract and all I was told was that when I leave I will get back my … [Read more...]
Will I get my deposit back after long-term rental?
I have recently been given a written notice to vacate after nine years of renting the same property. My concern is if I will get my deposit back or not as the landlord doesn't appear to be acting in good faith. When I asked if it would be possible to get an extension, as I am nearing a point where I would have a deposit to purchase, the owner contacted a lawyer who in turn sent me a letter … [Read more...]
How to get your deposit back after notice to vacate
A reader who has rented the same property for the past nine years has approached the experts for help after receiving a written notice to vacate. … [Read more...]
When a landlord has to pay interest on a deposit
A tenant has approached the experts with an oft-repeated complaint about a landlord who has dealt improperly with his deposit. … [Read more...]
Landlord didn’t invest deposit- what are my rights?
I have rented a house for a few years now. When I issued a verbal notice to the landlord he accepted it and then we checked the house for damages and repairs. The landlord does not know that the deposit must be invested in a financial institution, which I was also not aware of. The landlord is adamant that we agreed on the money that I deposited in his account. The lease agreement we … [Read more...]
Tenant waiting for return of deposit
The Property Poser panel has been inundated with queries from former tenants whose rental deposits have been unlawfully withheld by their landlords. This week, a reader writes that she vacated a rental property just over two months ago and was told by her landlord that she would have to wait 30 days before her deposit was repaid. She was also informed that she would receive only the … [Read more...]
