Releasing Deposits to Joint Tenants

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J
Jones
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Hi

I have a house let in a joint tenancy. One tenant wants to leave, replacing himself with a new tenant. The deposit is held by the deposit protection scheme.

Must the total existing deposit for the property be repaid, and a new deposit created for the whole property, or can just the leaving tenants portion of the deposit be repaid to him?

Thanks

26/04/2011 00:00

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