Common use of Deposit Repayments Clause in Contracts

Deposit Repayments. a. The DPS will only allow a repayment to be started once the Deposit has been protected for a minimum period of 28 calendar days. If you wish to start the Joint Deposit Repayment process before this period of time, please contact us by completing an online Enquiry Form, available through our Virtual Agent or the Frequently Asked Questions at xxx.xxxxxxxxxxxxxxxxx.xxx. b. The DPS will not release any part of the Deposit unless: i. it has all Parties’ agreement to do so; or ii. there is a Single Claim which is not disputed; or iii. there is a Decision from an Adjudicator; or iv. it is passed a Court Order which refers specifically to the Deposit and/or the scheme administrator and the amount of the Deposit to be paid out. v. such release is permitted under its Adjudication rules as a result of a failure by either party to comply with the ADR procedure. c. The DPS urge all Landlords to meet with Tenants in an attempt to agree the fair distribution of the Deposit at the end of the Tenancy.

Appears in 2 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

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Deposit Repayments. a. The DPS will only allow a repayment to be started once the Deposit has been protected for a minimum period of 28 calendar days. If you wish to start the Joint Deposit Repayment process before this period of time, please contact us by completing an online Enquiry Form, available through our Virtual Agent or the Frequently Asked Questions at xxx.xxxxxxxxxxxxxxxxx.xxx. b. The DPS will not release any part of the Deposit unless: i. it has all Parties’ agreement to do so; or ii. there is a Single Claim which is not disputed; or iii. there is a Decision from an Adjudicator; or iv. it is passed a Court Order which refers specifically specifi cally to the Deposit and/or the scheme administrator and the amount of the Deposit to be paid out. v. such release is permitted under its Adjudication rules as a result of a failure by either party to comply with the ADR procedure. c. The DPS urge all Landlords to meet with Tenants in an attempt to agree the fair distribution of the Deposit at the end of the Tenancy.

Appears in 1 contract

Samples: Tenancy Agreement

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Deposit Repayments. a. The DPS will only allow a repayment to be started once the Deposit has been protected for a minimum period of 28 calendar days. If you wish to start the Joint Deposit Repayment process before this period of time, please contact us by completing an online Enquiry Form, available through our Virtual Agent or the Frequently Asked Questions at xxx.xxxxxxxxxxxxxxxxx.xxx. b. The DPS will not release any part of the Deposit unless: i. it has all Parties’ agreement to do so; or ii. there is a Single Claim which is not disputed; or iii. there is a Decision from an Adjudicator; or iv. it is passed a Court Order which refers specifically specifically to the Deposit and/or the scheme administrator and the amount of the Deposit to be paid out. v. such release is permitted under its Adjudication rules as a result of a failure by either party to comply with the ADR procedure. c. The DPS urge all Landlords to meet with Tenants in an attempt to agree the fair distribution of the Deposit at the end of the Tenancy.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

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