Tenancy Deposit Scheme Sample Clauses

Tenancy Deposit Scheme. 7.1 Within 30 days of receiving the Deposit the Landlord shall inform the Tenant of the Tenancy Deposit Scheme being used and give details of the Tenancy Deposit Scheme as required under the membership rules of the Tenancy Deposit Scheme. 7.2 The Landlord shall provide within 30 days of the Deposit being received the information required under section 213(5) of the HA 2004 as set out in the Housing (Tenancy Deposits) (Prescribed Information) Order 2007 (SI 2007/797). 7.3 The Landlord agrees that the Deposit shall be held in accordance with the rules of the Tenancy Deposit Scheme. 7.4 The Landlord shall inform the Tenant within reasonable time of the Tenancy ending if the Landlord intends to withhold all or part of the Deposit as detailed in 5. 7.5 The Landlord shall inform the Scheme Administrator within reasonable time of the Tenancy ending that the Deposit is to be repaid in the sums agreed between the Landlord and Tenant.
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Tenancy Deposit Scheme. 23.1. The deposit is protected by the deposit protection service a trading name of Computershare Investor Services PLC they are registered office address is the DPS, the pavilions, Bridgewater Road, Bristol, BS13 8AE – they can be contacted on telephone number 0000 000 0000. 23.2. The Landlord has provided information required under section 213 (5) of the Housing act 2004 as set out any housing (Tenancy deposit) (prescribed information) order 2007 (SI 2007/797). 23.3. The Landlord has provided the documentation and information required by the Assured Shorthold Tenancy notices and prescribed requirements (England) regulations 2015 SI 2015/1646). 23.4. The Landlord agrees that the deposit should be held in accordance with the rules of the DPS. 23.5. The Landlord and tenant agree that any interest accrued from the deposit shall not be payable to the tenant. ADDREESS / NAME Initials: Landlord Initials: Tenant(s)
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Tenancy Deposit Scheme. 2.2.1 An additional annual fee of £50 plus VAT will be charged to Landlords for the membership, administration and additional insurance and banking requirements necessary to comply with the Tenancy Deposit Scheme (The Dispute Service). If you are already a member of one of the Tenancy Deposit Scheme Protection Services and are authorised to legitimately hold the Tenants security Deposit then please advise us of this. 2.2.2 At the end of the Tenancy both Landlord and Tenant must agree on any Deposit deductions within ten working days of the Tenancy being terminated. Should either party wish to dispute any deductions, the undisputed portion of the Deposit will be released to the Tenant or Landlord in line with any agreement reached. The Agent/Landlord or Tenant can instigate a dispute by completing the Notification of Dispute form and submitting it to the Independent Case Examiner. 2.2.3 Should we manage the Property we will co-ordinate the above process on behalf of our Landlord. 2.2.4 Should we not manage the property it is the Landlord’s responsibility to contact the Tenant prior to the end of the Tenancy to arrange to collect keys, take meter readings, inspect the property and agree with the Tenants 2.2.5 If you have selected our Standard Lettings Service and you would like Coopers to handle the Deposit return process and liaise with the Tenant then we can do so for £250.00 plus VAT. This option is only available if Coopers have organised the Inventory Check Out through Hinch Inventories.
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Tenancy Deposit Scheme. 23.1. The deposit is protected by the deposit protection service a trading name of Computershare Investor Services PLC they are registered office address is the DPS, the pavilions, Xxxxxxxxxxx Xxxx, Xxxxxxx, XX00 0XX – they can be contacted on telephone number 0000 000 0000. 23.2. The Landlord has provided information required under section 213 (5) of the Housing act 2004 as set out any housing (Tenancy deposit) (prescribed information) order 2007 (SI 2007/797). 23.3. The Landlord has provided the documentation and information required by the Assured Shorthold Tenancy notices and prescribed requirements (England) regulations 2015 SI 2015/1646). 23.4. The Landlord agrees that the deposit should be held in accordance with the rules of the DPS. Flat address / Name Intials : Landlord Initials: Tenant(s) 23.5. The Landlord and tenant agree that any interest accrued from the deposit shall not be payable to the tenant.
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Tenancy Deposit Scheme. 2.1. The Landlord, or Agent, will transfer the Deposit to the Deposit Protection Service (DPS) custodial scheme within 30 days of physically receiving it. Any interest earned will belong to the DPS. 2.2. At the end of the Tenancy Agreement deductions may be made by the Landlord which must be in writing by completing a Joint Custodial Deposit Repayment Form. The following list contains reasons for deducting monies from the Deposit: - any damage caused to Premises and Fixtures and Fittings by the Tenant or arising from any breach of the Terms of this Agreement by the Tenant; - any instalment of the Rent which is due but remains unpaid at the end of the Tenancy; - any unpaid account for any services used by the Tenant during the Tenancy (if bills are not included); - any unpaid council tax (if not exempt)
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Tenancy Deposit Scheme. 2.1. The Landlord, or Agent, will transfer the Deposit to the Deposit Protection Service (DPS) custodial scheme within 30 days of physically receiving it. Any interest earned will belong to the DPS.
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Tenancy Deposit Scheme. If a tenant pays a deposit in connection with an assured shorthold tenancy (‘AST’) it must from the moment that it is received be dealt with in accordance with a government-authorised tenancy deposit protection scheme. The landlord must give the tenant and any relevant person prescribed information about the deposit and comply with the initial requirements of the scheme within the statutory time limit, which is currently 30 days. Xxxx & Associates Property Management Limited is a member of the Tenancy Deposit Scheme which is administered by The Dispute Service Limited (TDS), P O Box 1255, Hemel Hemspstead, Herts, HP1 9GN. Telephone 0000 000 0000, Fax 00000 000 000 and e-mail xxxxxxxx@xxx.xx.xxx. All AST deposits held by us will be subject to the terms and conditions of that scheme. Full information can be provided and/or is available and can be downloaded from xxxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx If you instruct us to let and manage the Property we shall hold the Deposit under the terms of the TDS. The Deposit will be held in a stakeholder capacity. We will serve the prescribed information and comply with the initial requirements of TDS. If you do not want us to protect the Deposit, you will need to receive it directly from the Tenant and protect it as required by law. A valid notice seeking possession under Section 21 of the Housing Act 1988 cannot be served on a tenant whose deposit is not protected. A tenant or a relevant person may apply through the Courts for compensation of at least the amount of the deposit and up to three times the deposit if you: a) Fail to give the prescribed information within the statutory time limit; b) Fail to comply with the initial requirements of an authorised deposit scheme within the statutory time limit; c) Notify the tenant or relevant person that the deposit has been protected but on confirmation can be obtained from the scheme. Any interest earned on the Deposit will belong to the person entitled to it under the Tenancy Agreement. If TDS directs us to send the Deposit to them, we must do that within 10 days of receiving their direction. At the end of the tenancy covered by the Tenancy Deposit Scheme. If there is no dispute we will liaise with you to ascertain what (if any) deductions you propose to make from the Deposit. Once you and the Tenant have agreed how the Deposit should be allocated, we will ask you both to confirm this in writing. We will then pay the Deposit according to what has been agreed within 10 days...
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Related to Tenancy Deposit Scheme

  • Security Deposit Tenant has deposited or concurrently herewith is depositing with Landlord the sum set forth in Article 1.F. of the Basic Lease Provisions as security for the full and faithful performance of every provision of this Lease to be performed by Tenant. If Tenant breaches any provision of this Lease, including but not limited to the payment of rent, Landlord may use all or any part of this security deposit for the payment of any rent or any other sums in default, or to compensate Landlord for any other loss or damage which Landlord may suffer by reason of Tenant's default. If any portion of said deposit is so used or applied, Tenant shall, within five (5) days after written demand therefor, deposit funds with Landlord in a form acceptable under Section 3(b) above and in an amount sufficient to restore the security deposit to its full amount. Tenant agrees that Landlord shall not be required to keep the security deposit in trust, segregate it or keep it separate from Landlord's general funds, but Landlord may commingle the security deposit with its general funds and Tenant shall not be entitled to interest on such deposit. At the expiration of the Term, and provided there exists no default by Tenant hereunder, the security deposit or any balance thereof shall be returned to Tenant (or, at Landlord's option, to Tenant's "Transferee", as such term is defined in Article 15 below), provided that subsequent to the expiration of this Lease, Landlord may retain from said security deposit (i) an amount reasonably estimated by Landlord to cover potential Direct Cost reconciliation payments due with respect to the calendar year in which this Lease terminates or expires (such amount so retained shall not, in any event, exceed ten percent (10%) of estimated Direct Cost payments due from Tenant for such calendar year through the date of expiration or earlier termination of this Lease and any amounts so retained and not applied to such reconciliation shall be returned to Tenant within thirty (30) days after Landlord's delivery of the Statement for such calendar year), (ii) any and all amounts reasonably estimated by Landlord to cover the anticipated costs to be incurred by Landlord to remove any signage provided to Tenant under this Lease, to remove cabling and other items required to be removed by Tenant under Section 29(b) below and to repair any damage caused by such removal (in which case any excess amount so retained by Landlord shall be returned to Tenant within thirty (30) days after such removal and repair), and (iii) any and all amounts permitted by law or this Article 4. Tenant hereby waives the provisions of Section 1950.7 of the California Civil Code and all other provisions of law, now or hereafter in effect, which provide that Landlord may claim from a security deposit only those sums reasonably necessary to remedy defaults in the payment of rent, to repair damage caused by Tenant or to clean the Premises, it being agreed that Landlord may, in addition, claim those sums specified in this Article 4 above, and all of Landlord's damages under this Lease and California law including, but not limited to, any damages accruing upon termination of this Lease under Section 1951.2 of the California Civil Code and/or those sums reasonably necessary to compensate Landlord for any other loss or damage, foreseeable or unforeseeable, caused by the acts or omissions of Tenant or any officer, employee, agent, contractor or invitee of Tenant.

  • Utility Deposits Seller shall receive a credit for the amount of deposits, if any, with utility companies that are transferable and that are assigned to Purchaser at the Closing.

  • Security Deposit Account If applicable law or a Lender requires a segregated account of Tenant security deposits, Property Manager will open a separate account at a reputable bank or other financial institution. Property Manager may return such deposits to any Tenant in the ordinary course of business in accordance with the terms of the applicable Lease.

  • Security Deposits The Owner hereby grants the Agent power to collect security deposits from the tenants on the Property. Returning said security deposit shall be the responsibility of the: (check one)

  • Office Space All faculty members teaching one-half time or more shall be provided with office space on the campus where the majority of their courses are taught. Further, the Employer will, upon the request of a faculty member, complete Income Tax Form No.T2200 (Declaration of Employment Conditions - Office or Employment Expense).

  • Additional Security Deposit No additional security deposit shall be required in connection with this Amendment.

  • Landlord’s Election Tenant’s request for consent to any Transfer shall he accompanied by a written statement setting forth the details of the proposed Transfer, including the name, business and financial condition of the prospective Transferee, financial details of the proposed Transfer (e.g., the term and the rent and security deposit payable), and any other related information that Landlord may reasonably require. Landlord shall have the right: (a) to withhold consent to the Transfer, if reasonable, (b) to grant consent, (c) to terminate this Lease as to the portion of the Premises affected by any proposed Transfer, in which event Landlord may enter into a lease directly with the proposed Transferee, or (d) to consent on the condition that Landlord be paid, as Additional Rent hereunder, fifty percent (50%) of all subrent or other consideration to be paid to Tenant under the terms of the Transfer in excess of the total rent due hereunder (including, if such Transfer is an assignment or if such Transfer is to occur directly or indirectly in connection with the sale of any assets of Tenant, fifty percent (50%) of the amount of the consideration attributable to the Transfer of the Lease, as reasonably determined by Landlord). The grounds on which Landlord may reasonably withhold its consent to any requested Transfer include, without limitation, that: (i) the proposed Transferee’s contemplated use of the Premises following the proposed Transfer is reasonably similar to the use of the Premises permitted hereunder, (ii) in Landlord’s reasonable business judgment, the proposed Transferee lacks sufficient business reputation or experience to operate a successful business of the type and quality permitted under this Lease, (iii) in Landlord’s reasonable business judgment, the proposed Transferee lacks sufficient net worth, working capital, anticipated cash flow and other indications of financial strength to meet all of its obligations under this Lease, (iv) the proposed Transfer would breach any covenant of Landlord respecting a radius restriction, location, use or exclusivity in any other lease, financing agreement, or other agreement relating to the Property, and (v) in Landlord’s reasonable business judgment, the possibility of a release of Hazardous Materials is materially increased as a result of the Transfer or if Landlord does not receive sufficient assurances that the proposed Transferee has the experience and financial ability to remedy a violation of Hazardous Materials and to fulfill its obligations under Articles 13 and 14. Landlord need only respond to any request by Tenant hereunder within a reasonable time of not less than ten (10) business days alter receipt of all information and other submission required in connection with such request.

  • Mobile Deposit Security You will complete each deposit promptly. If you are unable to complete your deposit promptly, you will ensure that your mobile device remains securely in your possession until the deposit has been completed. It is your responsibility to establish and maintain procedures to safeguard against unauthorized deposits. You will notify us immediately by telephone with written confirmation if you learn of any loss or theft of original checks. You will ensure the safety and integrity of original checks from the time of receipt until the time of destruction. If warranted in our reasonable judgment, we may audit and monitor you, and you agree to cooperate with us to permit such monitoring, to confirm that you have satisfied your obligations under this Agreement.

  • RE-ENTRY BY LANDLORD If Tenant shall default in the payment of any fixed rent or additional rent or any other sum or charge payable hereunder by Tenant to Landlord on any date upon which the sum becomes due, or if this Lease shall expire as in Article 16 hereof provided, Landlord of Landlord's agents and servants may immediately, or at any time thereafter, re-enter into or upon the premises, or any part thereof, in the name of the whole, either by summary dispossess proceedings or by any suitable action or proceeding at law, or by force or otherwise, without being liable to indictment, prosecution or damages therefor, and may repossess the same, and may remove any persons therefrom, to the end that Landlord may have, hold and enjoy the premises again as and of its first estate and interest therein. The words "re-enter", "re-entry" and "re-entered" as used in this Lease are not restricted to their technical legal meanings. In the event of any termination of this Lease under the provisions of Article 16 hereof or in the event that Landlord shall re-enter the premises under the provisions of this Article 17 or in the event of the termination of this Lease (or of re-entry) by or under any summary dispossess or other proceeding or action or any provision of law, Tenant shall thereupon pay to Landlord the fixed rent, additional rent and any other sum or charge payable hereunder by Tenant to Landlord up to the time of such termination of this Lease, or of such recovery of possession of the premises by Landlord, as the case may be, and shall also pay to Landlord damages as provided in Article 18 hereof. In the event of a breach of threatened breach on the part of the Tenant with respect to any of the covenants, agreements, terms, provisions or conditions on the part of or on behalf of Tenant to be kept, observed or performed, Landlord shall also have the right of injunction. The specified remedies to which Landlord may resort hereunder are cumulative and are not intended to be exclusive of any other remedies or means of redress to which Landlord may lawfully be entitled at any time, and Landlord may invoke any remedy allowed at law or in equity as if specific remedies were not herein provided for. In the event of (a) the termination of this Lease under the provisions of Article 16 hereof, (b) the re-entry of the premises by Landlord under the provisions of this Article 17, or (c) the termination of this Lease (or re-entry) by or under any summary dispossess or other proceeding or action or any provision of law by reason of default hereunder on the part of Tenant, Landlord shall be entitled to retain all monies, if any paid by Tenant to Landlord, whether as advance rent, security or otherwise, but such moneys shall be credited by Landlord against any fixed rent, additional rent or any other sum or charge due from Tenant at the time of such termination or re-entry or, at Landlord's option, against any damages payable by Tenant under Article 18 hereof or pursuant to law.

  • Rent and Security Deposit i. Tenant agrees to pay to Landlord for the Leased Premises in lawful money of the United States rent for the first twelve (12) months of the term hereof at the rate of Fifteen Dollars ($15.00) per square foot of occupied space, in advance, except that the monthly installment which otherwise shall be due on the commencement date recited above, shall be due and payable on the date hereof. Thereafter one such monthly installment shall be due and payable without demand on or before the first day of each calendar month succeeding the commencement date; further provided, that the rental payment for any fractional calendar month at the commencement or end of the Lease term shall be prorated. The rate charged for rent shall increase by $0.50 (Fifty Cents) per year for each such succeeding twelve (12) month period. ii. In addition, Tenant agrees to deposit with Landlord on the date hereof the sum of One Thousand Dollars ($1,000.00), which sum shall be held by Landlord, without obligation for interest, as security for the full, timely and faithful performance of Tenant's covenants and obligations under this Lease, it being expressly understood and agreed that such deposit is not an advance rental deposit or a measure of Landlord's damages in case of Tenant's default. Upon the occurrence of any event of default by Tenant, Landlord may, from time to time, without prejudice to any other remedy provided herein or provided by law, use such funds to the extent necessary to make good any arrears of rent or other payments due to Landlord hereunder, and any other damage, injury, expense or liability caused by any event of Tenant's default; and Tenant shall pay to Landlord on demand the amount so applied in order to restore the security deposit to its original amount. Although the security deposit shall be deemed the property of Landlord, any remaining balance of such deposit shall be returned by Landlord to Tenant at such time after termination of this Lease when Landlord shall have determined that all Tenant's obligations under this Lease have been fulfilled. Subject to the other terms and conditions contained in this Lease, if the Building is conveyed by Landlord, said deposit may be turned over to Landlord's grantee, and if so, Tenant hereby releases Landlord from any and all liability with respect to said deposit and its application or return.

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