WARRANTY DEPOSIT. Art. 4th The obligatory warranty deposit (transferred to the IST account prior to entry, as also reservation fee) is 200,00€ (two hundred euros). Rarely this amount may be settled with the first accommodation payment, whose payment may take place at Treasury Unit of IST. This deposit assures the payment of any responsibilities for damages caused in goods or equipment or accommodation itself. It will be returned to Resident when he leaves the Residence or looses the right of lodging. Whenever the deposit returning being by international transfer (using SWIFT/IBAN), the banking fees will be charged on the whole amount to be returned. However this value will not be returned if Resident leaves the residence before the end of this contract, unless he informs Accommodation Office in writing with 30 days in advance.
WARRANTY DEPOSIT. Upon receiving the keys, the tenant will pay to the owner or his representative, the amount indicated page2 a warranty deposit for any damages which might be done to the furniture or other of the rented premises. This amount, which does not give right to any interests, is not to be considered as payment for any part of the rental price and will be reimbursed to the tenant at the earliest after cleaning of the premises, return of the keys and after deduction, if necessary, for the damage caused. A fixed amount might eventually be charged for the cleaning of the premises. This amount will be determined in the special conditions of this contract.
