Tenancy Deposit. 16.1 When signing this tenancy agreement the Tenant owes a total amount of €650,- (already paid by the Tenant) owed to the Landlord as a deposit for the correct compliance with the Tenant's obligations stemming from this tenancy agreement. The Landlord shall not owe interests on the deposit made by the Tenant. When the rented property is vacated at the end of the tenancy agreement and returned in a proper state (including all inventory items and devices), the Landlord will repay the deposit, after deduction of any debts of the Tenant to the Landlord, at the latest two weeks after the end date of this tenancy agreement. The Tenant is explicitly not allowed to set off the amount of the deposit against a rental period.
16.2 The deposit is divided in two parts. The regular deposit contains €500,- in total. The sustainable footprint deposit contains €150,- in total. The sustainable footprint deposit is intended to secure
16.3 If the Tenant does not meet the obligations set out in this article, the Landlord will be entitled to an immediately payable fine per breach of €250.00 (in words: two hundred and fifty euro) per calendar day, with a maximum of €750.00 (in words: seven hundred and fifty euros) per calendar month during which the Tenant fails to comply and after receiving a default notice by registered letter.
Tenancy Deposit. 4.1 The Tenancy Deposit will be held by or on behalf of The Licensor and The Licensor may deduct from the Tenancy Deposit (in addition to its other rights under this Licence Agreement):
4.1.1 A reasonable sum to compensate The Licensor for any cost or loss incurred by The Licensor because any of The Resident’s obligations set out in Clause 2 of this Licence Agreement have not been complied with.
4.1.2 Any payment due to The Licensor under this Licence Agreement.
4.1.3 Administration Charges due to The Licensor under this Licence Agreement.
4.2 Within 14 (working) days of the end of the Licence Period The Licensor will repay the balance of the Deposit to The Resident after making any deductions under this Clause 4.
Tenancy Deposit. 1.8.1 We will collect a deposit from your tenant, which will be held in accordance with tenancy deposit regulations.
1.8.2 The Agent is a member of the Tenancy Deposit Scheme: The Dispute Service Limited, 1 The Progression Centre 00 Xxxx Xxxx, Hemel Hempstead HP2 7DW. 0300 037 1000 xxx.xxxxxxxxxxxxxxxxxxxx.xxx xxxxxxxx@xxxxxxxxxxxxxxxxxxxx.xxx
1.8.3 The Agent shall hold the deposit under the terms of the Tenancy Deposit Scheme.
1.8.4 If you the landlord decide to place the deposit in an alternative Government-approved scheme then we will normally transfer it to you within 5 days. You must then register it with another Tenancy Deposit Protection Scheme within a further 25 days (you have a total of 30 days from receipt in order to comply with the regulations) if the Tenancy is an Assured Shorthold Tenancy. If you fail to do so the tenant can take legal action against you in the County Court. The Court will make an order stating that you must pay the Deposit back to the tenant or lodge it with the custodial scheme which is known as the Deposit Protection Scheme. In addition a further order will be made requiring you to pay compensation to the tenant of between one and three times the amount of the Deposit. If a landlord fails to meet the initial requirement to protect the deposit, no Section 21 Notice can be served until either the landlord returns the deposit to the tenant in full or with such deductions as the tenant agrees; or if the tenant has taken proceedings against the landlord for non-protection and those proceedings have been concluded, withdrawn or settled (for example, by the court awarding damages being the return of the deposit or a fine not more than three times the value of the deposit). If a landlord fails to serve Prescribed Information, (s)he cannot serve a Section 21 Notice until the Prescribed Information has been served - but this can be more than 30 days after receiving the deposit. This will not prevent a tenant from issuing proceedings for late provision of the prescribed information and seeking a penalty award. Tenants can make an application to a county court for a penalty award even where the tenancy has ended, and can do so for up to six years. The Agent has no liability for any loss suffered if you fail to comply.
1.8.5 The Agent holds tenancy deposits as Stakeholder. This means that we only pay the deposit if:
a) both landlord and tenant (and any Relevant Person) agree; or
b) the court orders us to do so; or
c) the Tenancy Depos...
Tenancy Deposit. 5.1 The Deposit of £[ ] is paid by the Tenant to the Landlord/Agent
5.2 The Deposit is held by:
5.2.1 The Agent/Landlord as Stakeholder.
5.2.2 The Agent is a member of a government authorised tenancy deposit schemes.
5.2.3 Any interest earned will belong to the Agent/Landlord.
5.3 The Deposit has been taken for the following purposes:
5.3.1 Any damage, or compensation for damage, to the Property its Contents or for missing items for which the Tenant may be liable, subject to an apportionment or allowance for fair wear and tear, the age and condition of each and any such item at the commencement of the tenancy, insured risks and repairs that are the responsibility of the Landlord.
5.3.2 The reasonable costs incurred in compensating the Landlord for, or for rectifying or remedying any major breach by the Tenant of the Tenant’s obligations under the tenancy agreement, including those relating to the cleaning of the Property, its Contents.
5.3.3 Any rent or other money due or payable by the Tenant under the tenancy agreement of which the Tenant has been made aware and which remains unpaid after the end of the tenancy.
5.4 The Deposit is safeguarded by mydeposits, which is administered by:
5.5 The Agent/Landlord must tell the Tenant within 30 days of the end of the tenancy if they propose to make any deductions from the Deposit.
5.6 If there is no dispute the Landlord will keep or repay the Deposit, according to the agreed deductions and the conditions of the tenancy agreement. Payment of the Deposit or any balance of it will be made after 30 days of the expiration of this tenancy.
5.7 For the avoidance of doubt the deposit is non-refundable upon a tenant vacating the property prior to expiration of this agreement.
5.8 For the avoidance of doubt the deposit is non-refundable even if the tenant does not take up occupation of the property after having signed this agreement.
5.9 For the avoidance of doubt if the landlord provides consent to a variation of the terms of this agreement in enabling an incoming tenant to replace an existing tenant, then any such costs to be deducted from the deposit (if any) referred to in clause 5.3 above shall be apportioned equally between the tenants from the commencement of the date of this agreement (and not the date in which the incoming tenant took up occupation).
Tenancy Deposit. Solutions Limited
Tenancy Deposit. (a) At the time of delivery of the Property to Tenant hereunder, Tenant shall pay to Landlord a tenancy deposit of Rmb [specify amount] (not to exceed the aggregate of three monthly rentals).
(b) Landlord shall issue a PRC tax bureau sanctioned receipt to Tenant upon receipt of each monthly payment and the tenancy deposit from Tenant.
(c) Landlord shall refund the tenancy deposit to Tenant when Tenant meets the following conditions [specify the conditions].
(d) Landlord will not refund the tenancy deposit when the following circumstances exist [specify circumstances].
Tenancy Deposit. Tenant shall pay to Landlord a tenancy deposit of Rmb [specify amount] within [specify time] of execution of this Agreement.
Tenancy Deposit. A tenancy deposit is paid to the landlord as a security against you breaking the terms in your tenancy agreement, e.g. by causing damage or not paying your rent. It is usually the value of 4 to 6 weeks rent. If you meet all the terms in the tenancy agreement your tenancy deposit should be paid back to you in full when you leave. If you don’t, the landlord can keep money from the tenancy deposit to meet the costs of putting things right. The tenancy deposit must be protected in a government approved scheme within 30 days of the landlord receiving it.
Tenancy Deposit. The tenancy deposit paid by The Tenant will be held in The Deposit Protection Scheme until The Tenant has vacated The Property and the inventory and The Property in general have been checked. Deposit monies will, with the written consent of both The Landlord and The Tenant, be used to discharge any outstanding damage or rent claim due from The Tenant to The Landlord and the balance will be paid to The Tenant; subject to Tenancy Deposit Protection regulations.
Tenancy Deposit. The Deposit shall be held by the Landlord and shall be returned to the tenant at the end of the tenancy, without interest. The Deposit shall be withheld by the landlord and forfeited by the tenant in whole or in part if there are rent or subscription fees owing, or if the plot is left in an unreasonable condition including waste or structures left on the allotment which require removal, or if there is unkempt vegetation which requires removal before the ground can be prepared. The Xxxxx Allotment Association will inspect the plot and advise the Parish Council of its condition.
