The Tenancy Deposit. INSURANCE SCHEME
5.1 The deposit of £ [Insert deposit amount in words and numbers, e.
g. £500, Five Hundred Pounds] is paid by the tenant to the Landlord / Agent. The Landlord / Agent will hold the deposit as a stakeholder. The Landlord / Agent is a member of an insurance based Tenancy Deposit Scheme. The Landlord will provide the Tenant with the tenancy deposit prescribed information within 14 days of the signing of this Agreement. The deposit amount is subject to the Tenant Fees Xxx 0000 - no more than 5 weeks deposit is payable for annual rent of less than £50,000. For annual rent equal to or exceeding £50,000 the Landlord/Agent can request up to 6 weeks deposit.
5.1.1 Any damage, or compensation for damage, to the 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, insured risks and repairs that are the responsibility of the landlord.
5.1.2 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.
5.1.3 Any unpaid accounts for utilities or water charges or environmental services or other similar services or Council Tax incurred at the property for which the tenant is liable.
5.1.4 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, subject to the Tenant Fees Xxx 0000.
5.2 The deposit is safeguarded by [insert name and address and contact details of scheme administrator].
5.3 The deposit will not attract interest during the tenancy period.
The Tenancy Deposit. OCB will offer two Tenancy Deposit options, at its discretion, to the Tenant and for the tenancy on the property.
18.2.1 A “Physical Deposit”, legally regulated to a value equal to five (5) weeks rent, to be registered and protected in a custodial scheme, under OCB’s account within a governments authorised organisation, currently with the Deposit Protection Service;
18.2.2 A “Deposit Bond” accepted by OCB with an approved insurance provider, offering a deposit claim value to the sum equal to six (6) weeks rent, and subject to the Tenants agreement of a Deposit Bond payment.
The Tenancy Deposit. The Agent (Househunters Ltd) is a member of the Tenancy Deposit Scheme, which is administered by: The Dispute Service Limited P O BOX 1255 Hemel Hempstead Herts HP1 9GN
The Tenancy Deposit. 7.1. Quinta Estates Limited is a member of the Tenancy Deposit Scheme, which is administered by: Tenancy Deposit Scheme XX Xxx 0000 Xxxxx Xxxxxxxxx Xxxxx XX0 0XX Telephone 0000 000 0000 Website xxx.xxx.xx.xxx Email xxxxxxxx@xxx.xx.xxx Fax 00000 000 000 7.2. Quinta Estates Limited will hold the deposit and when the Tenancy is an Assured Shorthold Tenancy, Quinta Estates Limited will hold the deposit under the terms of the Tenancy Deposit Scheme.
7.3. Quinta Estates Limited holds Tenancy deposits as Stakeholder throughout the Tenancy.
7.4. Quinta Estates Limited will take the instructions and authority of either Landlord acting on behalf of all Landlords in dealing with the deposit at the end of the tenancy including agreeing damages, authorising deductions, agreeing the release of the balance of the deposit to the tenants in the event of a dispute, and signing the required deposit release forms unless You advise Us in writing prior to the check out that all Landlords instructions and authority is required for the deposit release process that takes place at the end of the tenancy.
7.5. At the End of the Tenancy covered by the Tenancy Deposit Scheme
7.5.1. If there is no dispute, Quinta Estates Limited will keep any amounts agreed as deductions where expenditure has been incurred on behalf of the Landlord; or repay the whole or the balance of the Deposit according to the conditions of the Tenancy Agreement with the Landlord and the Tenant. Payment of the Deposit will be made within 10* working days of written consent from both parties.
7.5.2. Should the Landlord or Tenant not provide the Landlords Agent with either their agreement to the proposed deductions presented to them or their intention to dispute any of the proposed deductions within 21 days after the date the dilapidations schedule is provided to them, We will proceed in accordance with the check out report and the suggested deductions or release the deposit in full. Please note shall there be any maintenance or other issues during the tenancy this cannot be offset against the deposit.
7.5.3. For registered deposits (where applicable), if, after 10 working days* following notification of a dispute to Quinta Estates Limited and reasonable attempts have 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, it will (subject to 7.5.4 below) be submitted to the Independent Case Examiner (“IC...
The Tenancy Deposit. INSURANCE SCHEME
5.1 The deposit of £ [Insert deposit amount in words and numbers, e.
g. £500, Five Hundred Pounds] is paid by the tenant to the Landlord / Agent. The Landlord / Agent will hold the deposit as a stakeholder. The Landlord / Agent is a member of an insurance based Tenancy Deposit Scheme. The
5.1.1 Any damage, or compensation for damage, to the 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, insured risks and repairs that are the responsibility of the landlord.
5.1.2 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.
5.1.3 Any unpaid accounts for utilities or water charges or environmental services or other similar services or Council Tax incurred at the property for which the tenant is liable.
5.1.4 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, subject to the Tenant Fees Xxx 0000.
5.2 The deposit is safeguarded by [insert name and address and contact details of scheme administrator].
5.3 The deposit will not attract interest during the tenancy period.
The Tenancy Deposit. 5.1 If a tenant pays a deposit in connection with an assured shorthold tenancy (“AST”) the deposit must, from the moment it is received, be dealt with in accordance with a government-authorised tenancy deposit protection scheme.
5.2 The landlord must give the tenant and any Relevant Person ‘prescribed information’ about the deposit and comply with the initial requirements of an authorised scheme within the Statutory Time Limit.
5.3 Xxxxxxx & Xxxxxx are a member of the Tenancy Deposit Scheme, which is a government-authorised tenancy deposit protection scheme, administered by: - The Dispute Service Limited West Wing, First Floor Maylands Building 000 Xxxxxxxx Xxxxxx Hemel Hempstead Herts HP2 7TG Web: xxx.xxxxxxxxxxxxxxxxxxxx.xxx Email: xxxxxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx
5.4 If Xxxxxxx & Xxxxxx receive an AST deposit on your behalf, we will serve the prescribed information and comply with the initial requirements of the Tenancy Deposit Scheme on your behalf, unless you give us prior written instructions to the contrary before we receive the deposit.
5.5 If you do not want Xxxxxxx & Xxxxxx to protect the deposit on your behalf, it will be your responsibility to protect it as required by law. A valid notice seeking possession under s21 of the Housing Act 1988 cannot be served on a tenant whose deposit is not protected. A tenant or any Relevant Person may apply through the courts for compensation of at least the amount of the deposit, and up to three times the deposit, if the landlord (or someone acting on the landlord’s behalf):
a) fails to give prescribed information within the Statutory Time Limit; or
b) fails to comply with the initial requirements of an authorised scheme within the Statutory Time Limit; or
c) notifies the tenant or Relevant Person that the deposit has been protected in a scheme, but the tenant or Relevant Person cannot obtain the scheme’s confirmation that the deposit is protected.
5.6 If you do not give us written instructions that you want to make your own arrangements for deposit protection, we will hold deposits relating to your properties under the terms of the Tenancy Deposit Scheme. We must comply with the rules of the Scheme, and this means that we will not be able to act on your instructions regarding the deposit if those instructions conflict with the Scheme rules.
5.7 The Scheme rules are available to view and download from xxx.xxxxxxxxxxxxxxxxxxxx.xxx A very important point for you to bear in mind is that we hold the deposit as...
The Tenancy Deposit. The Agent is a member of the Tenancy Deposit Scheme, which is administered by: Tenancy Deposit Scheme, XX Xxx 0000, Xxxxx Xxxxxxxxx, Xxxxx, XX0 0XX Phone 0000 000 0000 Web xxx.xxx.xx.xxx Email xxxxxxxx@xxx.xx.xxx Fax 00000 000000
11.1 If we are instructed by you to hold the Deposit, we shall do so under the terms of the Tenancy Deposit Scheme.
11.2 The Agent holds tenancy deposits as Stakeholder.
The Tenancy Deposit. CUSTODIAL SCHEME
5.1 The deposit of £ [Insert deposit amount in words and numbers, e.g. £500, Five Hundred Pounds] is paid by the tenant to the Landlord / Agent. This will be held under a custodial deposit protection scheme. The deposit amount is subject to the Tenant Fees Xxx 0000 - no more than 5 weeks deposit is payable for annual rent of less than £50,000. For annual rent equal to or exceeding £50,000 the Landlord/Agent can request up to 6 weeks deposit. The purpose of the deposit shall be as follows:
5.1.1 Any damage, or compensation for damage, to the 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, insured risks and repairs that are the responsibility of the landlord.
5.1.2 The reasonable costs incurred in compensating the landlord for, or 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.
5.1.3 Any unpaid accounts for utilities or water charges or environmental services or other similar services or Council Tax incurred at the property for which the tenant is liable.
5.1.4 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, subject to the Tenant Fees Xxx 0000.
5.2 The deposit is safeguarded by [insert name and address and contact details of scheme administrator].
5.3 Any interest on the deposit which is payable in accordance with the scheme administrator's rules shall be paid to the [select one of the following] Landlord / Tenant / Landlord's Agent.
The Tenancy Deposit. 2.1 The deposit is held by TDS
2.2 Any Interest is retained by TDS
2.3 The Deposit has been taken for the following purposes: a. Any damage, or compensation for damage, to the 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, insured risks and repairs that are the responsibility of the landlord. b. 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.
The Tenancy Deposit. The Agent is a member of The Deposit Protection Service (Deposit Scheme), which is administered by: The Deposit Protection Scheme Tel: 0000 000 0000 Bridgwater Road Email: via online contact form The Agent holds the tenancy deposit as a stakeholder and any interest which is generated from holding the deposit shall be retained by the Agent.