Common use of The Deposit Clause in Contracts

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 4 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

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The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one The Landlord acknowledges receipt of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costsTenant. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 working days of 7.1 At the end of the TenancyTenancy Period, upon vacant possession of the Property and return of the keys, if the Tenant has kept Landlord shall be entitled to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted withhold from the Deposit in respect such proportion of all reasonable costs the Deposit as may be reasonably necessary to: (a) make good any damage to the Room, Apartment, Common Parts, Building or the Contents (except for fair wear and expenses incurred tear) caused by the Landlord (including but not limited Tenant's failure to the costs and fees take reasonable care of the Landlord’s solicitors and other professional advisorssame; (b) in respect of: 5.3.1 The recovery replace any of the Contents which may be missing from the Tenant of Property; (c) pay any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that sums payable by the Tenant fails to vacate hereunder which remains unpaid; (d) compensate the Property on the due date. 5.3.4 The service of Landlord for, or for rectifying or remedying any notice relating to the major breach by the Tenant of any of the Tenant’s 's obligations under this Agreement whether the Tenancy Agreement, pay for the Room, Apartment and the Contents to be cleaned if the Tenant is in breach of its obligations under clause 2 (e) pay any unpaid accounts for utilities or water charges or environmental services or other similar services or Council Tax incurred at the Room and Apartment for which the Tenant is liable or which are payable because the Tenant does not the same shall result in court proceedings. 5.3.5 The cost qualify for Council Tax exemption(g) removing and disposing of any Bank or other charges incurred by the Landlord if any cheque written belongings left by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement end of the Tenancy term for the avoidance of doubt use of the Deposit is without prejudice to any other rights or remedies of the Landlord whether express or implied 8.1 The Deposit is protected by mydeposits (reasonable wear and tear exceptedthe trading name of Tenancy Deposit Solutions Limited) of 0xx Xxxxx, Xxxxxxxxx Xxxxx, Xxxxxxx Xxxx, Xxx Xxxxxx, Xxxxxxxxxxxxx, ENS 1NZ. The Deposit is held by the Managing Agents. 8.2 The Landlord has provided the information required under section 213(5) of the Housing Act 2004 as set out in the Housing (Tenancy Deposits) (Prescribed Information) Order 2007 (SI 2007/797). 5.3.7 Any other monies owed by 8.3 The Landlord agrees that the Deposit shall be held in accordance with the rules of the Tenancy Deposit Scheme. 8.4 The Landlord and Tenant agree that any interest accrued from the Deposit shall be paid to the Landlord. 5.3.8 Compensation for 8.5 The Landlord shall inform the breach Tenant within ten working days of any terms the Tenancy ending if the Landlord intends to withhold all or part of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly duedetailed in clause 7.

Appears in 4 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it The Deposit will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costsHampshire Heights Ltd . 5.2 The Deposit shall will be returned protected in a government-approved tenancy deposit scheme, namely Deposit Protection Service (custodial scheme) . We can transfer the Deposit to another government-approved tenancy deposit scheme or change the Tenant person who holds the Deposit (less unless it has been paid into a government-approved custodial tenancy deposit scheme). If we do this, we will inform you in writing. 5.3 You will not receive interest on the Deposit unless it is paid into a custodial tenancy deposit scheme. If it is paid into a custodial tenancy deposit scheme, you will receive any deductions properly made) within 5 working days interest that may be due under the scheme’s terms and conditions. 5.4 You will get the deposit back when this agreement ends and you leave the Property, as long as you have kept to all the conditions of this Agreement. If you do not do so, we may take from your deposit: • Any rent or other money due or payable by you under this Agreement of which you have been made aware and which remains unpaid after the end of the Tenancy; • The reasonable costs incurred in compensating us for, upon vacant possession or for rectifying or remedying any breach by you of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within your obligations under this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (, including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice to, those relating to the breach by cleaning of the Tenant Property or its Fixtures or Fittings and the removal or storage of any goods that you leave or refuse to remove at the end of the Tenant’s obligations Tenancy; • Any unpaid accounts or charges for electricity, gas, phone, water, communication services and council-tax incurred at the Property that you are responsible for paying under this Agreement whether where we have incurred a loss as a result of your failure to pay. • Any damage, or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairingcompensation for damage, decorating or cleaning to the Property and or its Fixtures and Fittings and or for missing items for which you may be liable, subject to an apportionment or allowance for fair wear and tear, the Contents so they are to the same standard as age and condition of each and any such item at the commencement of the Tenancy (reasonable wear Tenancy, insured risks and tear excepted)repairs that are our responsibility. 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 5.5 If the Deposit shall be is insufficient the Tenant you shall pay to the Landlord us such additional sums as shall be required to cover all costs, charges and expenses properly due. 5.6 If you are all content to appoint a lead tenant for the purposes of managing the Deposit, Where no lead tenant is agreed, as soon as is practicable at the end of the Tenancy, we will return the Deposit minus any agreed deductions or money still in dispute. A proportion of the deposit will be allocated to each tenant or person paying towards the Deposit individually. This proportion will be based on the respective amounts of the Deposit paid by them at the start of the Tenancy, minus a proportion of any agreed deductions or money still in dispute. 5.7 If someone else has paid towards the Deposit other than a Tenant, then you must provide their name and address below. Otherwise, you confirm that the only people who have paid towards the Deposit are Tenants. - -

Appears in 3 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited Solution Ltd (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 3 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

The Deposit. 5.1 6.1 If a deposit is taken taken, it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed belowScheme known as: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits my|deposits. This is an insurance a custodial based scheme. The Landlord TDSL shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 6.2 The Deposit shall will be returned to the Tenant (less any deductions properly made) within 5 working days of at the end of the Tenancy, upon vacant possession of the Property and return of the keys, and if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 6.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 6.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 6.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 6.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 6.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 6.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 6.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 6.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 6.3.8 Compensation for the breach of any terms of this agreement. 5.4 6.4 If the Deposit shall be is insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 3 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it The Tenant shall pay the Deposit specified on the Particulars Page ("the Deposit") to the Landlord’s Agent in advance in cleared funds on or before the (insert) day of (insert month & year) which the Landlord’s Agent will hold as stakeholders, upon the terms of this Tenancy. 5.2 The Deposit will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions in an instant access account named Savills (UK) Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the schemeClient Account Re Tenant Deposits at Barclays Bank plc, PO Box 000, Xxxxx Xxx, Xxxxxxxxxxx, XX00 0XX. Any interest earned on the Deposit shall this account will be retained by the Landlord Landlord's Agent and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration Landlord's Agent's costs. 5.2 5.3 The Deposit shall be returned has been taken for the following purposes: 5.3.1 Any damage, or compensation for damage, to the Premises its Fixtures and Fittings or for missing items for which the Tenant (less may be liable, subject to an apportionment or allowance for fair wear and tear, the age and condition of each and any deductions properly made) within 5 working days 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 Premises, its Fixtures and Fittings. 5.3.3 Any unpaid accounts for utilities or water charges or environmental services or other similar services or council tax incurred at the Premises for which the Tenant is liable. 5.3.4 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, upon vacant possession . 5.4 At the end of the Property and return Tenancy:- 5.4.1 The Landlord or Landlord’s Agent must notify the Tenant as soon as reasonably possible (our aim is 10 working days) after the end of the keysTenancy of any monies to be claimed from the Deposit. Should the Tenant not notify the Landlords Agent that such claim is disputed in writing within 21 days after the date the Landlord’s claim is provided to them, and if all forms of contact lead the agent to believe the Tenant has no intention of responding, the Landlord’s Agent may (but shall not be obliged) acting reasonably, proceed to disburse the Deposit in accordance with the Landlord’s said claim, without liability to the Tenants or any of them. Should there be any maintenance or other issues during the tenancy this cannot be offset against the deposit. 5.4.2 If there is no dispute the Landlord or Landlord’s Agent 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 within a reasonable time (our aim is 10 working days) of the Landlord and the Tenant agreeing the allocation of the Deposit. 5.4.3 The Tenant should try to inform the Landlord or Xxxxxxxx’s Agent in writing if the Tenant has kept intends to all dispute any of the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted deductions regarded by the Landlord or the Landlord’s Agent as due from the Deposit in respect of all reasonable costs and expenses incurred by within 20 working days after the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent termination or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement earlier ending of the Tenancy (reasonable wear and tear excepted)the Tenant vacating the Premises. 5.3.7 Any other monies owed 5.4.4 If, after 10 working days following notification of a dispute to the Landlord or Landlord’s Agent, and reasonable attempts having been made in that time to resolve any differences of opinion, there remains an unresolved dispute between the Landlord and the Tenant over the allocation of the Deposit, either party may refer the dispute to an independent expert appointed by the President of the Royal Institution of Chartered Surveyors and the independent expert’s decision shall be final and binding on both parties. 5.4.5 The statutory rights of the Landlord and the Tenant to take legal action through the LandlordCourts remain unaffected by these provisions. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 2 contracts

Samples: Shared Occupation Tenancy Agreement, Shared Occupation Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it 6.1 The Deposit will be held and returned under by the terms of one Agent as stakeholder. The Agent is a member of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Scheme. 6.2 Any interest earned on the Deposit shall will belong to the Agent. 6.3 The Deposit has been taken for the following purposes: 6.3.1 Any damage, or compensation for damage, to the Accommodation or the Building Common Parts and their respective Contents, or for missing items, for which the Tenant may be retained liable, subject to an apportionment or allowance for fair wear and tear, and the age and condition of each and any such item at the commencement of the Tenancy Period. The Deposit may not be used to repair damage or loss caused by risks that the Landlord has insured against or for repairs that are the responsibility of the Landlord (unless the damage was caused by the Tenant’s failure to behave in a tenant-like manner or unless the Tenant’s action or neglect has invalidated the insurance cover). If the Landlord claims on its insurance for damage, the Deposit may be used to pay the excess on the policy. 6.3.2 The reasonable costs incurred in compensating the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold Agent for, or for rectifying or remedying any major breach by the deposit within the terms Tenant of the scheme. The Landlord shall retain any interest earned on monies properly deducted from Tenant’s obligations under the Deposit as specified in Clause 5.3 of this Tenancy Agreement. This is an insurance based scheme. The Landlord shall hold , including those relating to the deposit within the terms cleaning of the scheme. Accommodation, the Building Common Parts to which the Tenant has access, and their respective Contents. 6.3.3 Any interest earned on unpaid accounts for which the Deposit shall be retained Tenant is liable. 6.3.4 Any Rent, Fees or other money due or payable by the Landlord Tenant under the Tenancy Agreement of which the Tenant has been made aware and used to cover administration costswhich remains unpaid after the end of the Tenancy Period. 5.2 6.3.5 Any other loss arising as a result of any breach of the Tenant’s obligations in the Tenancy Agreement (including the Landlord’s proper and reasonable costs of enforcing or attempting to enforce the Tenant’s obligations and the costs of instructing advisers). 6.4 The Deposit shall be returned to Agent must tell the Tenant (less any deductions properly made) within 5 10 working days of the end of the Tenancy, upon vacant possession Tenancy Period (or earlier termination of the Property tenancy) if they propose to make any deductions from the Deposit. 6.5 If there is no dispute about the proposal the Agent will keep or repay the Deposit, according to the agreed deductions and return the conditions of the keysTenancy Agreement. The Agent will pay the Deposit or any balance of it within 10 working days of the Agent, the Landlord and the Tenant agreeing the allocation of the Deposit. 6.6 The Tenant should try to inform the Agent in writing, within 15 working days after the termination of the Tenancy, if the Tenant has kept intends to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of dispute any of the provisions of this Agreementproposed deductions from the Deposit. 5.3.3 Compensation in respect 6.7 The Tenant and the Agent agree to use reasonable attempts to resolve any differences of opinion over the allocation of the Tenant’s use Deposit. 6.8 If the parties have not been able to agree on the allocation of the Deposit within 10 working days after the Tenant informs the Agent that they dispute the proposed deductions, the dispute may be submitted to the ICE for adjudication. All parties agree to co-operate with the adjudication. 6.9 The Tenancy Deposit Scheme may regard failure to comply with time limits as a breach of its rules and occupation if the ICE is later asked to resolve any dispute, it may refuse to adjudicate in the event that matter. 6.10 The statutory rights of the Landlord and the Tenant fails to vacate take legal action through the Property County Court remain unaffected by clauses 6.4 to 6.8 above. 6.11 If the Agent returns the Deposit by cheque, the Tenant must bank the cheque within 6 months of the date on the due date. 5.3.4 The service of any notice relating to the breach cheque otherwise payment by the bank may be refused. If the Tenant requests a replacement cheque the Agent shall be entitled to deduct the sum of £10 from each additional replacement cheque in order to cover the cost of the banking fee and administration incurred. If any of the Tenant’s obligations under this Agreement whether or not Deposit is due to be returned at the same shall result in court proceedings. 5.3.5 The cost end of any Bank or other charges incurred by the tenancy, the Landlord if any cheque written by will pay the Tenant is dishonoured or if any standing order payment is withdrawn by refund to the Tenant’s bankers. 5.3.6 The cost , irrespective of repairing, decorating or cleaning who paid the Property or the Contents so they are to the same standard as Deposit at the commencement start of the Tenancy (reasonable wear and tear excepted)tenancy. 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 2 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes Scheme detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 10 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord or the Agent (including but not limited to the costs and fees of the Landlord’s 's solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s 's obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 5.3.4 The cost of any Bank or other charges incurred by the Landlord or the Agent if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s 's bankers. 5.3.6 5.3.5 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.6 The policy excess incurred as a result of a claim on the Landlord's insurance, attributable to the Tenant's action. (See the Landlord(s)'s insurance policy, which is available on written request). 5.3.7 Any other monies owed by the Tenant to the LandlordLandlord or the Agent. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, costs charges and expenses properly due.

Appears in 2 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned under (a) The Insurer shall maintain the terms of one value of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is in an insurance based schemeamount not less than the amount of deposit Tennessee Law requires the Insurer to maintain. The Landlord Insurer shall hold transfer and deliver to the deposit within Custodian cash and/or securities in the terms amount specified above and directs the Custodian to establish, keep and manage this Depository Account in the name and for the benefit of the schemeCommissioner and the Insurer. Any interest earned on Securities constituting the Depository Account shall be fully paid and free of any liens or other claims of the Custodian, any judgment creditor or other claimant of the Insurer. All transfer taxes, custodian fees and other costs with respect to the transfer or management of the Deposit shall be retained paid by the Landlord Insurer. (b) When a Federal book-entry deposit is made to the account, the Custodian shall provide to the Commissioner and used the Insurer such evidence as is customarily issued by the Custodian that the aforementioned securities are credited by the Custodian to cover administration costs. This is known as the Custodial schemethis Depository Account. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit parties agree that such evidence shall be retained provided in a statement provided by the Landlord Custodian, at least quarterly, which shall specify the funds and used to cover administration costs. 5.2 The Deposit shall be returned to securities comprising the Tenant (less any deductions properly made) within 5 working days of Depository Account at the end of the Tenancystatement period, upon vacant possession and the debits, credits and transactions in the Depository Account during such period. The statement shall be considered approved and ratified unless written objection is made to the Custodian within sixty (60) days of receipt of the Property and return statement. (c) Rule 14b-2 of the keysSecurities Exchange Act of 1934 enables issuers of registered securities to learn the identity of their security holders whose securities are held by the Custodian and registered in “nominee” or “street” name, if unless the Tenant has kept beneficial owner specifically indicates its objection to such disclosure. The Insurer hereby indicates its objection to disclosure by the Custodian of its name, address and security position to all issuers whose securities are held in the agreements Depository Account and conditions within this Agreementare registered in nominee or street name. 5.3 Monies shall properly be deducted from (d) The Custodian utilizes various standard industry pricing services and brokerage contacts to provide current pricing information for active publicly traded securities. Assets not publicly traded may reflect the Deposit initial acquisition value or cost and not a current market value. Many fixed income securities are priced on a matrix system, resulting in respect an approximation of all reasonable costs and expenses incurred price derived by computer. Although the Landlord (including but Custodian attempts to provide accurate pricing, in some instances prices may not limited to reflect the costs and fees most accurate pricing readily available or the true value of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 asset. The recovery from the Tenant of any Rent or any other money which is in arrearsCustodian shall have no liability for such an occurrence. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 2 contracts

Samples: Depository Agreement, Depository Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 2 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will F.1 the tenant must pay before taking up occupation the sum stated in the particulars (“Deposit”), to the Landlord’s agents to be held in a custodial deposit protection scheme administered by The My Deposits protection service. As security towards the discharge or the part discharge of any liability referred to in this clause. In the event that the Landlord and returned under the terms Tenant have agreed that the Deposit is to be made up, in whole or in part, from the deposit transferred from the previous tenancy, then the Tenant agrees that if the Tenant is liable to the Landlord for any sums at the end of one that Tenancy then those sums shall be lawful deductions from that deposit prior to its transfer and the tenant will immediately make up any shortfall in the Deposit prior to the commencement of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading tenancy created by this Agreement. In the vent that there is any dispute as my|deposits This to the amount of those deductions then it is an insurance based scheme. The Landlord shall hold agreed that the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained amount claimed by the Landlord and used only shall be taken into account when calculating what the shortfall is. F.2 the landlord’s agent may retain from the Deposit: a. any rent or other payments due from the tenant to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms landlord, including advance rent that has fallen due, interest, legal Agreement b. any sum of the scheme. The Landlord shall retain expends or incurs in remedying any interest earned on monies properly deducted from failure by the Deposit as specified in Clause 5.3 of Tenant to comply with his obligations under this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 working days of c. after the end of the TenancyTerm, upon vacant possession any sum owing to the Landlord equivalent to rent in respect of any period unauthorised occupations by the Tenant or anyone under his control d. any interest due under this Agreement on any of the Property and return of above at the keys, if interest rate from the Tenant has kept date the payment is due to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be date it is deducted from the Deposit in respect of all reasonable costs and expenses incurred by Deposit F.3 the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation parties agree that in the event that the Tenant fails wishes to vacate enter into a further tenancy with the Property on Landlord of alternative accommodation premises then the due date. 5.3.4 The service deposit may, if the parties so agree in writing be transferred within the deposit protection scheme for the benefit of any notice relating the new tenancy. In the event that the Tenant is liable to the breach by the Tenant of Landlord for any of the Tenant’s obligations under this Agreement whether or not the same shall result sums set out in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as F.2 a-d at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms end of this agreement. 5.4 If , then the tenant agrees that any sums that may be found to be due shall be lawful deductions from the Deposit prior to its transfer and that the tenant will make good any shortfall in the deposit required for that new tenancy before taking up occupation of that new tenancy PART G – ENDING THIS AGREEMENT IF THE PROPERTY IS NOT READY AT THE TENANCY START DATE DUE TO CIRCUMSTANCES BEYOND THE LANDLORDS CONTROL G.1 In this clause G an “Event beyond the landlord’s control” shall be insufficient the Tenant shall pay include, but not limited to: a. an act of God, flood, earthquake, or other natural disaster; b. terrorist attack, civil war, civil commotion or riots; c. nuclear, chemical or biological contamination or sonic boom; d. any law or government order, rule, regulation or direction; e. fire, explosion or accidental damage; f. interruption or failure of utility service, including but not limited to the Landlord such additional sums as shall be required electric power, gas or water; g. any labour dispute, including but not limited to cover all costsstrikes, charges and expenses properly dueindustrial action or lockouts; h. non-performance by suppliers or subcontractors; i. collapse of building structures, failure of plant machinery, machinery, computers or vehicles.

Appears in 2 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) as soon as is reasonably practicable for the Landlord and within 5 working days the timescales of the Tenancy Deposit Scheme after the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order or direct debit payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 2 contracts

Samples: Tenancy Agreement, Guarantor Agreement

The Deposit. 5.1 If 2.1 The Tenant has paid a deposit on the date hereof to the Landlord’s Agent in the sum of 2.2 The Deposit has been registered and held by The Agent (as Stakeholder) who is taken it will be held and returned under the terms of one a member of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold Scheme; the deposit within the terms of the scheme. Any interest earned on the Deposit Agent shall be retained by the Landlord and used entitled to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified The Landlord has arranged for the Deposit to be dealt with in Clause 5.3 of this Agreement. This is an insurance based schemeaccordance with statutory requirements. The Landlord shall hold Deposit will be refunded to the deposit within Tenant once the terms Tenant has vacated the Premises at the end of the scheme. Any interest earned on the Deposit shall be retained Tenancy Period (however it ends) but less any deductions properly made by the Landlord to cover: (a) any unpaid Rent; (b) the cost of remedying breaches of any of the Tenant’s Obligations under this Agreement; including those related to cleaning of the premises, it’s fixtures and used fittings; (c) Compensation for the Tenant’s use and occupation of the Premises if the Tenant fails to cover administration costsvacate on the due date; (d) Any unpaid accounts for Utilities or water charges or environmental services or other similar services or Council Tax incurred at the Premises for which the Tenant is liable. Should any loss arise against any of the items described above, then any such claim may not be limited to the amount of the Deposit. 5.2 The 2.3 If the Tenant has vacated the Premises and has returned all the keys to the Landlord’s Agent the Deposit shall be returned to the Tenant (less any deductions properly made) within 5 working days of following the end expiration or the determination of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to . The Deposit will be returned after deducting all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors such Rent and other professional advisors) sums referred to in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation sub-clause 2.2. above (if any), but in the event that of such sums exceeding the Tenant fails to vacate amount of the Property on the due date. 5.3.4 The service of any notice relating to the breach Deposit held by the Tenant Landlord's Agent, the amount of any of the Tenant’s obligations under this Agreement whether or not the same such excess shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed be paid by the Tenant to the Landlord's Agent or their legal representative within seven days of written demand. 5.3.8 Compensation for 2.4 If the breach Landlord sells or transfers his/her interest in the Premises and pays the balance of the Deposit held by him/her (after deduction of all sums deductible under this Agreement) to the buyer or transferee, the Landlord shall be released from all further claims and liabilities in respect of the Deposit or any terms part of it. 2.5 The provisions of pages 8, 10, 11 and 12 relating to the Deposit hereto are deemed to form part of this agreementAgreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 2 contracts

Samples: Assured Shorthold Tenancy Agreement, Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it The Deposit will be held and returned under by (landlord/agent name) as security towards the terms discharge or part discharge of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used any liability referred to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 5.2 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned Agreement and subject to this on the Deposit shall be retained by the Landlord and used to cover administration coststrust for you absolutely. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord us (including but not limited to the costs and fees of the Landlord’s our solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent 5.2.1 Any rent or any other money due or payable by the tenant under the tenancy agreement of which is in arrears. 5.3.2 The enforcement of any the tenant has been made aware and which remains unpaid after the end of the provisions of this Agreement.tenancy; 5.3.3 Compensation 5.2.2 The reasonable costs incurred in respect compensating the landlord for, or for rectifying or remedying any breach by the tenant of the Tenanttenant’s use and occupation in obligations under the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice tenancy agreement, including those relating to the breach by the Tenant of any cleaning of the Tenant’s obligations under this Agreement whether premises, its fixtures and fittings; 5.2.3 Any unpaid accounts for utilities or not the same shall result in court proceedings. 5.3.5 The cost of any Bank water charges or environmental services or other charges similar services or Council Tax incurred by at the Landlord if any cheque written by property for which the Tenant tenant is dishonoured liable; 5.2.4 Any damage, or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairingcompensation for damage, decorating or cleaning the Property or the Contents so they are to the same standard as premises its fixtures and fittings 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 (reasonable wear tenancy, insured risks and tear excepted)repairs that are the responsibility of the landlord. 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 5.3 If the Deposit shall be insufficient the Tenant you shall pay to the Landlord us such additional sums as shall be required to cover all costs, charges and expenses properly due. 5.4 You will not receive interest on the Deposit. 5.5 The Deposit shall be returned to you (less any deductions properly made) within 10 working days of the end of the Tenancy upon vacant possession of the Property and return of the keys if you have kept to all the obligations within this Agreement.

Appears in 1 contract

Samples: Non Assured Tenancy Agreement

The Deposit. 5.1 If 10.1 The Tenant has paid a deposit is taken it of £ (insert amount) which the landlord has protected / will be held and returned under protect (delete as appropriate) in the terms of one of the Tenancy Deposit Schemes detailed belowfollowing Government approved tenancy deposit protection scheme: (xxxxx://xxx.xxx.xx/deposit-protection-schemes-and-landlords). Guidance Note: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This deposit protection. Under the Housing Act 2004 the landlord is an insurance based schemelegally required to protect the deposit with a Government approved scheme and send the Tenant certain information within 30 calendar days of receiving the deposit. Penalties apply where a landlord fails to comply. Further information about tenancy deposit protection can be found at xxxxx://xxx.xxx.xx/tenancy-deposit-protection. The Tenant Fees Act 2019, which came into force on 1 June 2019, caps the refundable tenancy deposit charged by landlords and letting agents at no more than 5 weeks’ rent where the total annual rent is less than £50,000, or 6 weeks’ rent where the total annual rent is £50,000 or above. The Tenant Fees Act guidance for landlords and letting agents at xxxxx://xxx.xxx.xx/government/publications/tenant-fees-act-2019-guidance sets out more information on the payments that may be charged to a tenant. 10.2 The Tenant agrees that the Landlord shall hold may make reasonable deductions from the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 working days of at the end of the TenancyTenancy for the following purposes: (a) except for fair wear and tear, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited make good any damage to the costs and fees of Property, the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent Common Parts or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation items listed in respect of the inventory caused by the Tenant’s use and occupation in the event that the Tenant fails failure to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of comply with the Tenant’s obligations under this Agreement whether or not agreement; (b) to replace any items listed in the same shall result in court proceedings.inventory which are missing from the Property at the end of the Tenancy; 5.3.5 The cost (c) to pay any rent which remains unpaid at the end of any Bank or other charges the Tenancy; (d) where the Tenant has failed to comply with clause C8.2 of this agreement, to cover the reasonable removal, storage and disposal costs incurred by the Landlord; (e) where the Tenant has failed to comply with clause C8.1 of this agreement, to pay the reasonable cleaning costs incurred by the Landlord if to remedy that failure; (f) where the Tenant has failed to comply with the obligation in clause C2.4, to recover any cheque written reconnection charge paid by the Landlord; (g) where the Tenant is dishonoured has made any addition or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning alteration to the Property or has redecorated the Contents so they are Property without the Landlord’s prior written consent (see clause C4.2), to cover the reasonable costs incurred by the Landlord in removing or reversing any such addition or alteration or in reinstating the former decorative scheme. See the Tenant Fees Act guidance for more details: Guidance Note: Fair wear and tear. Residential landlords must allow for what is called ‘fair wear and tear’ to the same standard property which means that the landlord cannot withhold money from the deposit or seek money from the tenant to compensate for ‘fair wear and tear’ to the property. The courts have described it as at the commencement “reasonable use of the Tenancy (reasonable premises by the tenant and the operation of natural forces” however there are no detailed or precise rules on what constitutes ‘fair wear and tear’. In assessing ‘fair wear and tear’ to a property regard must be had to factors such as the length of the tenancy, the number and age of the occupiers and the quality of the accommodation. For instance, the longer the tenancy the more wear and tear excepted)it is reasonable to expect. The tenancy deposit protection schemes give guidance on what may be considered ‘fair wear and tear’. The Tenant Fees Act guidance for landlords and letting agents sets out further information on the payments that may be charged to a tenant at the end of a tenancy. See xxxxx://xxx.xxx.xx/government/publications/tenant-fees-act-2019- guidance. 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL,rOSL) trading as my|deposits myldeposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. The Deposit Protection Service (The DPS) This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. The Tenancy Deposit Scheme run by The Dispute Service Limited (TDS) This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall shan be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 10 working days of the end of the Tenancy, upon vacant possession posseSSion of the Property and return retum of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s 's solicitors and other professional profeSSional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s 's use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it The Deposit will be held and returned under by (Landlord/Landlord’s Agent name) as security towards the terms discharge or part discharge of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used any liability referred to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 5.4 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned Agreement and subject to this on the Deposit shall be retained by the Landlord and used to cover administration coststrust for you absolutely. 5.2 The Deposit shall will be returned protected by a government-approved tenancy deposit scheme, provided by We can transfer the Deposit to another government-approved tenancy deposit scheme or change the Tenant person who holds the Deposit (less any deductions properly made) within 5 working days of the end of the Tenancyunless it has been paid into a government-approved custodial tenancy deposit scheme). If we do this, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreementwe will inform you in writing. 5.3 You will not receive interest on the Deposit unless it is paid into a custodial tenancy deposit scheme. If it is paid into a custodial tenancy deposit scheme, you will receive any interest that may be due under the scheme’s terms and conditions. 5.4 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord us (including but not limited to the costs and fees of the Landlord’s our solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent 5.4.1 Any rent or any other money due or payable by you under this Agreement of which is in arrears. 5.3.2 The enforcement of any you have been made aware and which remains unpaid after the end of the provisions Tenancy; 5.4.2 The reasonable costs incurred in compensating us for, or for rectifying or remedying any breach by you of your obligations under this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice , including but not limited to, those relating to the breach by cleaning of the Tenant Property or its Fixtures or Fittings and the removal or storage of any goods that you leave or refuse to remove at the end of the Tenant’s obligations Tenancy; 5.4.3 Any unpaid accounts or charges for electricity, gas, phone, water, communication services and council-tax incurred at the property that you are responsible for paying under this Agreement whether or not the same shall where we have incurred a loss as a result in court proceedingsof your failure to pay. 5.3.5 The cost of any Bank 5.4.4 Any damage, or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairingcompensation for damage, decorating or cleaning to the Property and or its Fixtures and Fittings and or for missing items for which you may be liable, subject to an apportionment or allowance for fair wear and tear, the Contents so they are to the same standard as age and condition of each and any such item at the commencement of the Tenancy (reasonable wear Tenancy, insured risks and tear excepted)repairs that are our responsibility. 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 5.5 If the Deposit shall be insufficient the Tenant you shall pay to the Landlord us such additional sums as shall be required to cover all costs, charges and expenses properly due. 5.6 If you are all content to appoint a lead tenant for the purposes of managing the Deposit, Where no lead tenant is agreed, as soon as is practicable at the end of the Tenancy, we will return the Deposit minus any agreed deductions or money still in dispute. A proportion of the deposit will be allocated to each tenant or person paying towards the Deposit individually. This proportion will be based on the respective amounts of the Deposit paid by them at the start of the Tenancy, minus a proportion of any agreed deductions or money still in dispute. 5.7 If someone else has paid towards the Deposit other than a Tenant, then you must provide their name and address below. Otherwise, you confirm that the only people who have paid towards the Deposit are Tenants. Names Addresses

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it 6.1 The Deposit will be held and returned under by the terms of one Agent as stakeholder. The Agent is a member of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Scheme. 6.2 Any interest earned on the Deposit shall will belong to the Agent. 6.3 The Deposit has been taken for the following purposes: 6.3.1 Any damage, or compensation for damage, to the Accommodation or the Building Common Parts and their respective Contents, or for missing items, for which the Tenant may be retained liable, subject to an apportionment or allowance for fair wear and tear, and the age and condition of each and any such item at the commencement of the Tenancy Period. The Deposit may not be used to repair damage or loss caused by risks that the Landlord has insured against or for repairs that are the responsibility of the Landlord (unless the damage was caused by the Tenant’s failure to behave in a tenant-like manner or unless the Tenant’s action or neglect has invalidated the insurance cover). If the Landlord claims on its insurance for damage, the Deposit may be used to pay the excess on the policy. 6.3.2 The reasonable costs incurred in compensating the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold Agent for, or for rectifying or remedying any major breach by the deposit within the terms Tenant of the scheme. The Landlord shall retain any interest earned on monies properly deducted from Tenant’s obligations under this Tenancy Agreement, including those relating to the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms cleaning of the scheme. Accommodation, the Building Common Parts to which the Tenant has access, and their respective Contents. 6.3.3 Any interest earned on unpaid accounts for utilities or water charges or environmental services or other similar services or Council Tax incurred at the Deposit shall be retained Accommodation for which the Tenant is liable. 6.3.4 Any rent or other money due or payable by the Landlord Tenant under the Tenancy Agreement of which the Tenant has been made aware and used to cover administration costswhich remains unpaid after the end of the Tenancy Period. 5.2 6.3.5 Any other loss arising as a result of any breach of the Tenant’s obligations in the Tenancy Agreement (including the Landlord’s proper and reasonable costs of enforcing or attempting to enforce the Tenant’s obligations and the costs of instructing advisers). 6.4 The Deposit shall be returned to Agent must tell the Tenant (less any deductions properly made) within 5 10 working days of the end of the Tenancy, upon vacant possession Tenancy Period (or earlier termination of the Property and tenancy) if they propose to make any deductions from the Deposit. 6.5 If there is no dispute about the proposal the Agent or the landlord shall apply to the tenancy deposit scheme as soon as reasonably practicable for return of the keysdeposit either in whole or in part and notify the tenant. 6.6 The Tenant shall inform the Agent in writing, within 5 working days after the receipt of any notice under clause 6.4 above if the Tenant has kept intends to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of dispute any of the provisions of this Agreementproposed deductions from the Deposit. 5.3.3 Compensation in respect 6.7 The Tenant and the Agent agree to use reasonable attempts to resolve any differences of opinion over the allocation of the Tenant’s use Deposit. 6.8 If the parties have not been able to agree on the allocation of the Deposit within 10 working days after the Tenant informs the Agent that they dispute the proposed deductions, the dispute may be submitted to the ICE for adjudication. All parties agree to co-operate with the adjudication. 6.9 The Tenancy Deposit Scheme may regard failure to comply with time limits as a breach of its rules and occupation if the ICE is later asked to resolve any dispute, it may refuse to adjudicate in the event that the Tenant fails to vacate the Property on the due datematter. 5.3.4 6.10 The service of any notice relating to the breach by the Tenant of any statutory rights of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to take legal action through the Landlordsheriff court remain unaffected. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Short Assured Tenancy Agreement

The Deposit. 5.1 If A Deposit is to be paid in cleared funds on the signing of this Agreement and is held under the terms of an authorised tenancy deposit scheme, the details of which will be made available to the Tenant by the Landlord within 30 days of receiving the Deposit. The tenant is to attached to this Agreement copies of Tenancy Deposit Scheme details which will be emailed in a deposit is taken it separate document. 5.2 The Deposit will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: of:Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreementmy|deposits. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 5.3 The Landlord will refund to the Tenant the deposit at the end of the Term (however it ends) using the details provided to the Landlord but less any reasonable deductions properly made by the Landlord to cover any reasonable costs incurred or losses caused to him by any breaches of the obligations in this Agreement by the Tenant. No interest will be payable to the Tenant in respect of the deposit money. The Deposit shall be returned repayable to the Tenant (less as soon as reasonably practicable, however the Landlord shall not be bound to return the Deposit until he is satisfied that no money is repayable to the Local Authoriy if the Tenant has been in receipt of Housing Benefit and until after he has had a reasonable opportunity to assess the reasonable cost of any deductions repairs required as a result of any breaches of his obligations by the Tenant or other sums properly made) within 5 working days of due to the Landlord under clause 5.1 above including utility bills. However, the Landlord shall not save in exceptional circumstances,retain the deposit for more than one month after the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreementtenancy. 5.4 If at any time during the Term the Landlord is obliged to deduct from the Deposit shall be insufficient to satisfy the reasonable costs occasioned by any breaches of the obligations of the Tenant the Tenant shall pay to the Landlord make such additional sums payments as shall be required are necessary to cover all costs, charges and expenses properly duerestore the full amount of the Deposit.

Appears in 1 contract

Samples: Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it The Deposit will be held and returned under by (Landlord/Landlord’s Agent name) as security towards the terms discharge or part discharge of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used any liability referred to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 5.4 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned Agreement and subject to this on the Deposit shall be retained by the Landlord and used to cover administration coststrust for you absolutely. 5.2 The Deposit shall will be returned protected by a government-approved tenancy deposit scheme, provided by MyDeposits We can transfer the Deposit to another government-approved tenancy deposit scheme or change the Tenant person who holds the Deposit (less any deductions properly made) within 5 working days of the end of the Tenancyunless it has been paid into a government-approved custodial tenancy deposit scheme). If we do this, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreementwe will inform you in writing. 5.3 You will not receive interest on the Deposit unless it is paid into a custodial tenancy deposit scheme. If it is paid into a custodial tenancy deposit scheme, you will receive any interest that may be due under the scheme’s terms and conditions. 5.4 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord us (including but not limited to the costs and fees of the Landlord’s our solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent 5.4.1 Any rent or any other money due or payable by you under this Agreement of which is in arrears. 5.3.2 The enforcement of any you have been made aware and which remains unpaid after the end of the provisions Tenancy; 5.4.2 The reasonable costs incurred in compensating us for, or for rectifying or remedying any breach by you of your obligations under this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice , including but not limited to, those relating to the breach by cleaning of the Tenant Property or its Fixtures or Fittings and the removal or storage of any goods that you leave or refuse to remove at the end of the Tenant’s obligations Tenancy; 5.4.3 Any unpaid accounts or charges for electricity, gas, phone, water, communication services and council-tax incurred at the property that you are responsible for paying under this Agreement whether or not the same shall where we have incurred a loss as a result in court proceedingsof your failure to pay. 5.3.5 The cost of any Bank 5.4.4 Any damage, or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairingcompensation for damage, decorating or cleaning to the Property and or its Fixtures and Fittings and or for missing items for which you may be liable, subject to an apportionment or allowance for fair wear and tear, the Contents so they are to the same standard as age and condition of each and any such item at the commencement of the Tenancy (reasonable wear Tenancy, insured risks and tear excepted)repairs that are our responsibility. 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 5.5 If the Deposit shall be insufficient the Tenant you shall pay to the Landlord us such additional sums as shall be required to cover all costs, charges and expenses properly due. 5.6 If you are all content to appoint a lead tenant for the purposes of managing the Deposit, Where no lead tenant is agreed, as soon as is practicable at the end of the Tenancy, we will return the Deposit minus any agreed deductions or money still in dispute. A proportion of the deposit will be allocated to each tenant or person paying towards the Deposit individually. This proportion will be based on the respective amounts of the Deposit paid by them at the start of the Tenancy, minus a proportion of any agreed deductions or money still in dispute. 5.7 If someone else has paid towards the Deposit other than a Tenant, then you must provide their name and address below. Otherwise, you confirm that the only people who have paid towards the Deposit are Tenants. Name Address

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 6.1 If a deposit is taken taken, it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed belowScheme known as: DRAFT Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits my|deposits. This is an insurance a custodial based scheme. The Landlord TDSL shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 6.2 The Deposit shall will be returned to the Tenant (less any deductions properly made) within 5 working days of at the end of the Tenancy, upon vacant possession of the Property and return of the keys, and if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 6.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 6.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 6.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 6.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 6.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 6.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 6.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 6.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 6.3.8 Compensation for the breach of any terms of this agreement. 5.4 6.4 If the Deposit shall be is insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

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The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. The Deposit Protection Service (The DPS) This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes Scheme detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord landlord named above shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 10 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s 's solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s 's obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 5.3.4 The cost of any Bank or other charges incurred by the Landlord or the Agent if any cheque written by the Tenant or Tenant’s Guarantor is dishonoured or if any standing order payment is withdrawn by the Tenant’s or Tenant’s Guarantor’s bankers. 5.3.6 5.3.5 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.6 The policy excess incurred as a result of a claim on the Landlord's insurance, attributable to the Tenant's action. (See the Landlord(s)'s insurance policy, which is available on written request). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, costs charges and expenses properly due.

Appears in 1 contract

Samples: Lease Agreement

The Deposit. 5.1 SAMPLE 6.1 If a deposit is taken taken, it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed belowScheme known as: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits my|deposits. This is an insurance a custodial based scheme. The Landlord TDSL shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 6.2 The Deposit shall will be returned to the Tenant (less any deductions properly made) within 5 working days of at the end of the Tenancy, upon vacant possession of the Property and return of the keys, and if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 6.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 6.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 6.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 6.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 6.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 6.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 6.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 6.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 6.3.8 Compensation for the breach of any terms of this agreement. 5.4 6.4 If the Deposit shall be is insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. sample 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. The Deposit Protection Service (The DPS) This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) as soon as is reasonably practicable for the Landlord and within 5 working days the timescales of the Tenancy Deposit Scheme after the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order or direct debit payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Tenancy Agreement

The Deposit. 5.1 6.1 If a deposit is taken taken, it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed belowScheme known as: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits my|deposits. This is an insurance a custodial based scheme. The Landlord TDSL shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 6.2 The Deposit shall will be returned to the Tenant (less any deductions properly made) within 5 working 30 days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, and if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 6.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 6.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 6.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 6.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 6.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 6.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 6.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 6.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 6.3.8 Compensation for the breach of any terms of this agreement. 5.4 6.4 If the Deposit shall be is insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it The Deposit will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall will be returned protected in a government-approved tenancy deposit scheme, namely TDS Custodial . We can transfer the Deposit to another government-approved tenancy deposit scheme or change the Tenant person who holds the Deposit (less unless it has been paid into a government-approved custodial tenancy deposit scheme). If we do this, we will inform you in writing. 5.3 You will not receive interest on the Deposit unless it is paid into a custodial tenancy deposit scheme. If it is paid into a custodial tenancy deposit scheme, you will receive any deductions properly made) within 5 working days interest that may be due under the scheme’s terms and conditions. 5.4 You will get the deposit back when this agreement ends and you leave the Property, as long as you have kept to all the conditions of this Agreement. If you do not do so, we may take from your deposit: • Any rent or other money due or payable by you under this Agreement of which you have been made aware and which remains unpaid after the end of the Tenancy; • The reasonable costs incurred in compensating us for, upon vacant possession or for rectifying or remedying any breach by you of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within your obligations under this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (, including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice to, those relating to the breach by cleaning of the Tenant Property or its Fixtures or Fittings and the removal or storage of any goods that you leave or refuse to remove at the end of the Tenant’s obligations Tenancy; • Any unpaid accounts or charges for electricity, gas, phone, water, communication services and council-tax incurred at the Property that you are responsible for paying under this Agreement whether where we have incurred a loss as a result of your failure to pay. • Any damage, or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairingcompensation for damage, decorating or cleaning to the Property and or its Fixtures and Fittings and or for missing items for which you may be liable, subject to an apportionment or allowance for fair wear and tear, the Contents so they are to the same standard as age and condition of each and any such item at the commencement of the Tenancy (reasonable wear Tenancy, insured risks and tear excepted)repairs that are our responsibility. 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 5.5 If the Deposit shall be is insufficient the Tenant you shall pay to the Landlord us such additional sums as shall be required to cover all costs, charges and expenses properly due. 5.6 If you are all content to appoint a lead tenant for the purposes of managing the Deposit, Where no lead tenant is agreed, as soon as is practicable at the end of the Tenancy, we will return the Deposit minus any agreed deductions or money still in dispute. A proportion of the deposit will be allocated to each tenant or person paying towards the Deposit individually. This proportion will be based on the respective amounts of the Deposit paid by them at the start of the Tenancy, minus a proportion of any agreed deductions or money still in dispute. 5.7 If someone else has paid towards the Deposit other than a Tenant, then you must provide their name and address below. Otherwise, you confirm that the only people who have paid towards the Deposit are Tenants.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits myldeposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. The Deposit Protection Service (The DPS) This is known as the Custodial scheme. The scheme shall hold the deposit within the terms tenms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified speCified in Clause 5.3 of this Agreement. The Tenancy Deposit Scheme run by The Dispute Service Limited (TDS) This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover Cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 10 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s 's solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s 's use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s 's obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s 's bankers. 5.3.6 The cost of repairing, decorating or cleaning deaning the Property Properly or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit 7.1 The Deposit of £600 is taken it will paid by the Tenant to the Agent. 7.2 The Deposit is to be held by the Deposit Protection Service. 7.3 The Deposit has been taken for the following purposes: a) Any damage, or compensation for damage, to the premises its fixtures and returned fittings 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. b) The costs (£30 per hour (or equivalent)) incurred in compensating the landlord or his agent for, or rectifying or remedying any breach by the tenant of the tenant’s obligations under the terms of one tenancy agreement, including those relating to, formally documenting breaches, the organisation and administration involved to rectify or remedy any breach, including the cleaning of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSLpremises and repairs to the property’s fixtures and fittings. c) trading as my|deposits This Any sum which is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained or becomes repayable by the Landlord and used or his Agent to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by Local Authority with regard to Housing Benefit which has previously been paid directly to the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned or his Agent relating to the Tenant (less any deductions properly madenamed in this agreement. d) Any unpaid accounts for utilities, water charges or environmental services or other similar services or Council Tax incurred at the Property for which the Tenant is liable. e) Any rent or other money lawfully 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. 7.4 At the end of the tenancy 7.4.1 The Agent will tell the tenant within 5 8 working days of the end of the Tenancytenancy if they propose to make any deductions from the Deposit. 7.4.2 If there are no deductions to be made the Agent will confirm to the DPS by completing a Joint Deposit Repayment Form, upon vacant possession DPS will then require the tenant to do the same before they forward the deposit back to the tenant. If there are agreed deductions the agent will advise DPS in the same way who will intern request agreement from the tenant and then distribute funds accordingly. 7.4.3 If both parties cannot agree on deductions the DPS will appoint an Independent Case Examiner (‘ICE’) who will examine the evidence presented by the landlord/ landlord’s agent and the tenant and decide on how the deposit should be allocated. 7.4.4 By signing this agreement All parties agree to co-operate with the adjudication of the Property and return ICE 7.4.5 Failure to respond to the landlord / landlord’s agent within 14 days following the end of the keys, if tenancy could result in the Tenant has kept to tenant losing part or all the agreements and conditions within this Agreementof their deposit. 5.3 Monies shall properly be deducted from the Deposit in respect 7.4.6 The statutory rights of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to take legal action through the LandlordCounty Court remain unaffected by clauses 7.4.1 – 7.4.5 above. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits mYldeposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. The Deposit Protection Service (The DPS) This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. Agreement The Tenancy Deposit Scheme run by The Dispute Service Limited (TDS) This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 10 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s 's solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s 's use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it The Deposit will be held and returned under by (Landlord/Landlord’s Agent name) as security towards the terms discharge or part discharge of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used any liability referred to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 5.4 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned Agreement and subject to this on the Deposit shall be retained by the Landlord and used to cover administration coststrust for you absolutely. 5.2 The Deposit shall will be returned protected by a government-approved tenancy deposit scheme, provided by We can transfer the Deposit to another government-approved tenancy deposit scheme or change the Tenant person who holds the Deposit (less any deductions properly made) within 5 working days of the end of the Tenancyunless it has been paid into a government-approved custodial tenancy deposit scheme). If we do this, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreementwe will inform you in writing. 5.3 You will not receive interest on the Deposit unless it is paid into a custodial tenancy deposit scheme. If it is paid into a custodial tenancy deposit scheme, you will receive any interest that may be due under the scheme’s terms and conditions. 5.4 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord us (including but not limited to the costs and fees of the Landlord’s our solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent 5.4.1 Any rent or any other money due or payable by you under this Agreement of which is in arrears. 5.3.2 The enforcement of any you have been made aware and which remains unpaid after the end of the provisions Tenancy; 5.4.2 The reasonable costs incurred in compensating us for, or for rectifying or remedying any breach by you of your obligations under this Agreement. 5.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice , including but not limited to, those relating to the breach by cleaning of the Tenant Property or its Fixtures or Fittings and the removal or storage of any goods that you leave or refuse to remove at the end of the Tenant’s obligations Tenancy; 5.4.3 Any unpaid accounts or charges for electricity, gas, phone, water, communication services and council-tax incurred at the property that you are responsible for paying under this Agreement whether or not the same shall where we have incurred a loss as a result in court proceedingsof your failure to pay. 5.3.5 The cost of any Bank 5.4.4 Any damage, or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s bankers. 5.3.6 The cost of repairingcompensation for damage, decorating or cleaning to the Property and or its Fixtures and Fittings and or for missing items for which you may be liable, subject to an apportionment or allowance for fair wear and tear, the Contents so they are to the same standard as age and condition of each and any such item at the commencement of the Tenancy (reasonable wear Tenancy, insured risks and tear excepted)repairs that are our responsibility. 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 5.5 If the Deposit shall be insufficient the Tenant you shall pay to the Landlord us such additional sums as shall be required to cover all costs, charges and expenses properly due. 5.6 If you are all content to appoint a lead tenant for the purposes of managing the Deposit, is chosen to deal with the Deposit on your behalf (jointly and individually) and on behalf of anyone who is not a tenant who paid towards the Deposit. As soon as is practicable at the end of the Tenancy, we will return any Deposit (minus any agreed deductions or money still in dispute) directly to the lead tenant to be allocated as they see fit. Where no lead tenant is agreed, as soon as is practicable at the end of the Tenancy, we will return the Deposit minus any agreed deductions or money still in dispute. A proportion of the deposit will be allocated to each tenant or person paying towards the Deposit individually. This proportion will be based on the respective amounts of the Deposit paid by them at the start of the Tenancy, minus a proportion of any agreed deductions or money still in dispute. 5.7 If someone else has paid towards the Deposit other than a Tenant, then you must provide their name and address below. Otherwise, you confirm that the only people who have paid towards the Deposit are Tenants. Name Address

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits mYldeposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. The Deposit Protection Service (The DPS) This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly proper1y deducted from the Deposit as specified in Clause 5.3 of this Agreement. The Tenancy Deposit Scheme run by The Dispute Service Limited (TOS) This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned retumed to the Tenant (less any deductions properly proper1y made) within 5 10 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, . if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly proper1y be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s 's solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s 's use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s 's obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s 's bankers. 5.3.6 The cost of repairing, . decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Ifthe Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a 4.1 The security deposit is taken it will be held and returned under lodged by Suttons Estate Agents in the terms of one of the Tenancy DPS (Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSLProtection Service) trading as my|deposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs.Scheme.. 5.2 4.2 The Deposit shall be returned to the Tenant (less any deductions properly made) within 5 14 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 4.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s solicitors and other professional advisors) in respect of: 5.3.1 4.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 4.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 4.3.3 Compensation in respect of the Tenant’s use and occupation in the event that the Tenant fails to vacate the Property on the due date. 5.3.4 4.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 4.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured dishonored or if any standing order payment is withdrawn by the Tenant’s bankersTenant’sbankers. 5.3.6 4.3.6 The cost of repairing, decorating or cleaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 4.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 4.3.8 Compensation for the breach of any terms of this agreement. 5.4 4.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

The Deposit. 5.1 If a deposit is taken it will be held and returned retumed under the terms of one of the Tenancy Deposit Schemes detailed below: Tenancy Deposit Solutions Limited (TDSL) trading as my|deposits mYldeposits This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. The Deposit Protection Service (The DPS) This is known as the Custodial scheme. The scheme shall hold the deposit within the terms of the scheme. The Landlord shall retain any interest earned on monies properly deducted from the Deposit as specified in Clause 5.3 of this Agreement. The Tenancy Deposit Scheme run by The Dispute Service Limited (TDS) This is an insurance based scheme. The Landlord shall hold the deposit within the terms of the scheme. Any interest earned on the Deposit shall be retained by the Landlord and used to cover administration costs. 5.2 The Deposit shall be returned to the Tenant (less any deductions anydeductions properly made) within 5 10 working days of the end of the Tenancy, upon vacant possession of the Property and return of the keys, if the Tenant has kept to all the agreements and conditions within this Agreement. 5.3 Monies shall properly be deducted from the Deposit in respect of all reasonable costs and expenses incurred by the Landlord (including but not limited to the costs and fees of the Landlord’s 's solicitors and other professional advisors) in respect of: 5.3.1 The recovery from the Tenant of any Rent or any other money which is in arrears. 5.3.2 The enforcement of any of the provisions of this Agreement. 5.3.3 Compensation in respect of the Tenant’s 's use and occupation in the event that the Tenant fails Tenantfails to vacate the Property on the due date. 5.3.4 The service of any notice relating to the breach by the Tenant of any of the Tenant’s 's obligations under this Agreement whether or not the same shall result in court proceedings. 5.3.5 The cost of any Bank or other charges incurred by the Landlord if any cheque written by the Tenant is dishonoured or if any standing order payment is withdrawn by the Tenant’s 's bankers. 5.3.6 The cost of repairing, decorating or cleaning deaning the Property or the Contents so they are to the same standard as at the commencement of the Tenancy (reasonable wear and tear excepted). 5.3.7 Any other monies owed by the Tenant to the Landlord. 5.3.8 Compensation for the breach of any terms of this agreement. 5.4 If the Deposit shall be insufficient the Tenant shall pay to the Landlord such additional sums as shall be required to cover all costs, charges and expenses properly due.

Appears in 1 contract

Samples: Assured Shorthold Tenancy Agreement

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