Common use of TENANT DEPOSIT Clause in Contracts

TENANT DEPOSIT. In terms of Tenancy Deposit Schemes (Scotland) Regulations 2011 you require to pay any deposit taken to an approved Deposit Scheme Provider (TD Scheme) as well as issue certain information to the tenant(s) all within 30 working days of the start of the tenancy. HT Homess will do that for the landlord unless specifically instructed not to by the landlord. Failure to pay a deposit into a TD Scheme or issue the required information to tenant(s) may result in the landlord being ordered to pay a sum equivalent to 3 times the original deposit to the tenant(s) as well as being ordered to pay the deposit into a TD Scheme. The Deposit itself will be held by the TD Scheme and they will retain any interest earned on that deposit. At the end of the tenancy the landlord should make an application to the TD Scheme for repayment of the Deposit. This claim should set out the end date of the tenancy and what proportion of the deposit should be repaid to the tenant(s) as well as any claim against the Deposit. If the repayment proposal is agreed, it will be repaid within 5 working days of notification of that agreement to TD Scheme. If the tenants dispute the repayment claim then the dispute will normally be remitted to an independent adjudicator to decide the issue. Although the provision of Alternative Dispute Resolution (ADR) is free to users and will normally be covered by the End of Tenancy Fee, HT Homess reserve the right to charge an additional fee to Landlords in the event that a dispute goes to adjudication, which will be calculated in accordance with Clause 42 “Agent’s Time”.

TENANT DEPOSIT. In terms of Tenancy Deposit Schemes (Scotland) Regulations 2011 you require to pay any deposit taken to an approved Deposit Scheme Provider (TD Scheme) as well as issue certain information to the tenant(s) all within 30 working days of the start of the tenancy. HT Homess Kingdom Estates will do that for the landlord unless specifically instructed not to by the landlord. Failure to pay a deposit into a TD Scheme or issue the required information to tenant(s) may result in the landlord being ordered to pay a sum equivalent to 3 times the original deposit to the tenant(s) as well as being ordered to pay the deposit into a TD Scheme. The Deposit itself will be held by the TD Scheme and they will retain any interest earned on that deposit. At the end of the tenancy the landlord should make an application to the TD Scheme for repayment of the Deposit. This claim should set out the end date of the tenancy and what proportion of the deposit should be repaid to the tenant(s) as well as any claim against the Deposit. If the repayment proposal is agreed, it will be repaid within 5 working days of notification of that agreement to TD Scheme. If the tenants dispute the repayment claim then the dispute will normally be remitted to an independent adjudicator to decide the issue. Although the provision of Alternative Dispute Resolution (ADR) is free to users and will normally be covered by the End of Tenancy Fee, HT Homess Kingdom Estates reserve the right to charge an additional fee to Landlords in the event that a dispute goes to adjudication, which will be calculated in accordance with Clause 42 “Agent’s Time”.

TENANT DEPOSIT. In terms of Tenancy Deposit Schemes (Scotland) Regulations 2011 you require to pay any deposit taken to an approved Deposit Scheme Provider (TD Scheme) as well as issue certain information to the tenant(s) all within 30 working days of the start of the tenancy. HT Homess 1-2-Let will do that for the landlord Landlord unless specifically instructed in writing not to by the landlordLandlord. Failure to pay a deposit into a TD Scheme or issue the required information to tenant(s) may result in the landlord Landlord being ordered to pay a sum equivalent to 3 times the original deposit to the tenant(s) as well as being ordered to pay the deposit into a TD Scheme. The Deposit deposit itself will be held by the TD Scheme and they will retain any interest earned on that deposit. At the end of the tenancy the landlord Landlord should make an application to the TD Scheme for repayment of the Depositdeposit. This claim should set out the end date of the tenancy and what proportion of the deposit should be repaid to the tenant(s) as well as any claim against the Depositdeposit. If the repayment proposal is agreed, it will be repaid within 5 working days of notification of that agreement to TD Scheme. If the tenants dispute tenant(s) disputes the repayment claim then the dispute will normally be remitted to an independent adjudicator to decide the issue. Although the provision of Alternative Dispute Resolution (ADR) is free to users and will normally be covered by the End of Tenancy Fee, HT Homess 1-2-Let reserve the right to charge an additional fee to Landlords in the event that a dispute goes to adjudication, which will be calculated in accordance with Clause 42 49 “Agent’s Time”. An Annual Fee of £25 +VAT (£30 inclusive of VAT) will be charged to cover administration of the Tenant Deposit Scheme.

TENANT DEPOSIT. In terms of Tenancy Deposit Schemes (Scotland) Regulations 2011 you landlords require to pay any deposit taken to an approved Deposit Scheme Provider (TD Scheme) as well as issue certain information to the tenant(s) all within 30 working days of the start of the tenancy. HT Homess GPM Ltd will do that for the landlord Landlord unless specifically instructed in writing not to do so by the landlordLandlord. Failure to pay a deposit into a TD Scheme or issue the required information to tenant(s) may result in the landlord Landlord being ordered to pay a sum equivalent to 3 times the original deposit to the tenant(s) as well as being ordered to pay the deposit into a TD Scheme. The Deposit deposit itself will be held by the TD Scheme and they will retain any interest earned on that deposit. At the end of the tenancy the landlord Landlord should make an application to the TD Scheme for repayment of the Depositdeposit. This claim should set out the end date of the tenancy and what including the proportion of the deposit that should be repaid to the tenant(s) as well as any claim against the Depositdeposit. If the repayment proposal is agreed, it will be repaid within 5 working days of notification of that agreement to TD Scheme. If the tenants dispute tenant(s) disputes the repayment claim then the dispute will normally be remitted to an independent adjudicator to decide the issue. Although the provision of Alternative Dispute Resolution (ADR) is free to users and will normally be covered by the End of Tenancy Fee, HT Homess GPM Ltd reserve the right to charge an additional fee to Landlords in the event that a dispute goes to adjudication, which will be calculated in accordance with Clause 42 “Agent’s Time”adjudication on time spent basis.

TENANT DEPOSIT. In terms of Tenancy Deposit Schemes (Scotland) Regulations 2011 you require to pay any deposit taken to an approved Deposit Scheme Provider (TD Scheme) as well as issue certain information to the tenant(s) all within 30 working days of the start of the tenancy. HT Homess Fineholm will do that for the landlord unless specifically instructed not to by the landlord. Failure to pay a deposit into a TD Scheme or issue the required information to tenant(s) may result in the landlord being ordered to pay a sum equivalent to 3 times the original deposit to the tenant(s) as well as being ordered to pay the deposit into a TD Scheme. The Deposit itself will be held by the TD Scheme and they will retain any interest earned on that deposit. At the end of the tenancy the landlord should make an application to the TD Scheme for repayment of the Deposit. This claim should set out the end date of the tenancy and what proportion of the deposit should be repaid to the tenant(s) as well as any claim against the Deposit. If the repayment proposal is agreed, it will be repaid within 5 working days of notification of that agreement to TD Scheme. If the tenants dispute the repayment claim then the dispute will normally be remitted to an independent adjudicator to decide the issue. Although the provision of Alternative Dispute Resolution (ADR) is free to users and will normally be covered by the End of Tenancy Fee, HT Homess Fineholm reserve the right to charge an additional fee to Landlords in the event that a dispute goes to adjudication, which will be calculated in accordance with Clause 42 “Agent’s Time”.

TENANT DEPOSIT. The Landlord agrees that it is the Agents’ practice to take a deposit from the tenant in respect of damages and dilapidations (usually equivalent to 1 month rent plus £200). In terms of Tenancy Deposit Schemes (Scotland) Regulations 2011 you require a landlord is required to pay any deposit taken to an approved Deposit Scheme Provider (TD Deposit Scheme) as well as issue certain information to the tenant(s) all within 30 working days of the start of the tenancy. HT Homess In Silver and Gold service levels the Agents will do that for the landlord Landlord unless specifically instructed in writing not to by the landlordLandlord. In the Bronze service level the Agents will pay the deposit to the Landlord who will then require to protect the deposit and issue the required information to the tenant(s). Failure to pay a deposit into a TD Deposit Scheme or issue the required information to tenant(s) may result in the landlord Landlord being ordered to pay a sum equivalent to 3 times the original deposit to the tenant(s) as well as being ordered to pay the deposit into a TD Deposit Scheme. The Deposit itself will be held by the TD Deposit Scheme and they will retain any interest earned on that deposit. At the end of the tenancy the landlord Landlord should make an application to the TD Deposit Scheme for repayment of the Deposit. Again, the Agents will do this for the Landlord. This claim should set out the end date of the tenancy and what proportion of the deposit should be repaid to the tenant(s) as well as any claim against the Deposit. If the repayment proposal is agreed, it will be repaid within 5 working days of notification of that agreement to TD Deposit Scheme. If the tenants dispute tenant disputes the repayment claim claim, then the dispute will normally be remitted to an independent adjudicator to decide the issue. Although the provision of Alternative Dispute Resolution (ADR) itself is free to users and will normally be covered users, where the repayment of the deposit is disputed by the End of Tenancy Fee, HT Homess reserve tenant(s) the right Agents will charge the Deposit Administration Fee as detailed in “Our Fees” to charge an cover the additional fee to Landlords in the event that a dispute goes to adjudication, which will be calculated in accordance works associated with Clause 42 “Agent’s Time”any ADR.

TENANT DEPOSIT. In terms of Tenancy Deposit Schemes (Scotland) Regulations 2011 you require to pay any deposit taken to an approved Deposit Scheme Provider (TD Scheme) as well as issue certain information to the tenant(s) all within 30 working days of the start of the tenancy. HT Homess Fineholm will do that for the landlord Landlord unless specifically instructed in writing not to by the landlordLandlord. Failure to pay a deposit into a TD Scheme or issue the required information to tenant(s) may result in the landlord Landlord being ordered to pay a sum equivalent to 3 times the original deposit to the tenant(s) as well as being ordered to pay the deposit into a TD Scheme. The Deposit deposit itself will be held by the TD Scheme and they will retain any interest earned on that deposit. At the end of the tenancy the landlord Landlord should make an application to the TD Scheme for repayment of the Depositdeposit. This claim should set out the end date of the tenancy and what proportion of the deposit should be repaid to the tenant(s) as well as any claim against the Depositdeposit. If the repayment proposal is agreed, it will be repaid within 5 working days of notification of that agreement to TD Scheme. If the tenants dispute tenant(s) disputes the repayment claim then the dispute will normally be remitted to an independent adjudicator to decide the issue. Although the provision of Alternative Dispute Resolution (ADR) is free to users and will normally be covered by the End of Tenancy Fee, HT Homess Fineholm reserve the right to charge an additional fee to Landlords in the event that a dispute goes to adjudication, which will be calculated in accordance with Clause 42 49 “Agent’s Time”. An Annual Fee of £25 +VAT (£30 inclusive of VAT) will be charged to cover administration of the Tenant Deposit Scheme.