Dealing with the Deposit. The Landlord's Agent shall place the Deposit in a nominated client account as soon as reasonably practicable. Any interest earned on the Deposit will be retained by The Deposit Protection Service at the end of the Term and any agreed balance of the Deposit (subject to the clauses below) will be returned to the Tenant. After the Term the Landlord's Agent is entitled with the written consent of the Tenant, to deduct from the sum held as the Deposit any monies referred to in this Agreement. If more than one such deduction is to be made by the Landlord, monies will be deducted from the Deposit in the order listed. The Landlord's Agent shall notify the Tenant in writing of any deduction to be made under this Agreement. That notice shall specify the amounts to be deducted and the reasons for any deductions to be made. No deduction will be made from the Deposit without the written consent of both parties. At the end of the Term the Landlord's Agent shall return the Deposit (subject to any deductions made under the Agreement) within 30 days of the end of the Tenancy except in the case of dispute. If there is more than one Tenant, the Landlord may return the Deposit by cheque to any one Tenant, at his sole discretion, at his/her last known address. That person forming part of the Tenant will hold the Deposit in trust for all others forming the Tenant. If the amount of monies that the Landlord is entitled to deduct from the Deposit under the Agreement exceeds the amount held as the Deposit, the Landlord may require the Tenant to pay that additional sum to the Landlord within 14 days of the Tenant receiving that request in writing. The Landlord may deduct monies from the Deposit to compensate the Landlord for losses caused for any or all of the following reasons: any damage to the Property and/or the Contents caused by the Tenant or arising from any breach of the terms of this Agreement by the Tenant; any damage caused or cleaning required as a result of any pets occupying the Property (whether or not the Landlord consented to its presence as set out in this Agreement; any sum repayable by the Landlord or the Landlord’s Agent to the local authority where housing benefit or Local housing Allowance has been paid direct to the Landlord or the Landlord’s Agent by the local authority; any other breach by the Tenant of the terms of this Agreement; any instalment of the Rent which is due but remains unpaid at the end of the Term; any unpaid account or charge for water inclu...
Dealing with the Deposit. The following clauses set out: • what the Landlord or Agent will do with the Deposit monies paid by the Tenant under clause 3 of the Particulars; • what the Tenant can expect of the Landlord, or the Agent ,when the Landlord, or the Agent, deals with the Deposit; • the circumstances in which the Tenant may receive less than the sum paid to the Landlord, or the Agent, as a Deposit at the conclusion of the Tenancy; and • the circumstances in which other monies may be requested from the Tenant.
Dealing with the Deposit. The following clauses set out: • What the Landlord or the Landlord’s Agent will do with the Deposit monies paid by the Tenant under clause 3 above; • What the Tenant can expect of the Landlord or the Landlord’s Agent when the Landlord or the Landlord’s Agent deals with the Deposit; • The circumstances in which the Tenant may receive less than the sum paid to the Landlord or the Landlord’s Agent as a Deposit at the conclusion of the Tenancy; and • The circumstances in which other monies may be requested from the Tenant
Dealing with the Deposit. The following clauses set out:
Dealing with the Deposit. 6.1 The Agent shall place the Deposit in a nominated client account as soon as reasonably practicable. The interest will be retained by the Agent at the end of the Tenancy and any agreed balance of the Deposit (subject to the clauses below) will be returned to the Tenant.
Dealing with the Deposit. 6.1. If the Deposit is to be dealt with by Portico Direct it will be held by MyDeposits which is a government approved custodial scheme (Scheme), MyDeposits contact details re: MyDeposits, 1st Floor Premiere House, Elstree Way, Borehamwood, Hertfordshire, WD6 1JH, phone number: 0000 000 0000, https:/xxxx.xxxxxxxxxx.xx.xx. Portico Direct is a registered member of MyDeposits. The Tenant agrees that it will not be entitled to any interest earned on the Deposit.
Dealing with the Deposit. (81.1) The Landlord’s Agent shall lodge the Deposit with The Deposit Protection Service (“DPS”) in a nominated client account as soon as reasonably practicable. Any interest earned on the Deposit will be retained by the Protection Service at the end of the Term and any agreed balance of the Deposit (subject to the clauses below) will be returned to the Tenant.
Dealing with the Deposit. 6.1. The Deposit will be dealt with by the Landlord who is required to hold it with a government approved custodial scheme (Scheme). The Deposit Holders contact details are as set out on the front page of the Prescribed Information documents provided to the Tenant with this Agreement. The Tenant agrees that it will not be entitled to any interest earned on the Deposit.
Dealing with the Deposit. 6.1 The Landlord or the Agent shall place the Deposit in a nominated Client account as soon as reasonably practicable. Any interest earned on the Deposit shall be retained by the Agent and used to cover administration costs.
Dealing with the Deposit. A - Clauses for inclusion in Assured Shorthold Tenancies A1 The tenancy deposit
