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RETURN OF DEPOSITS

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Member_550
Member_550
16 Posts
1 Thanks

Under new legislation due later this year we will only be allowed to take 5 weeks deposit for any new contracts or when tenants renew their contract. Question:

  1. where we curently hold 6 weeks deposit for tenants on a periodic contract will we be required to return the equivelant of one weeks deposit based on current rent to the tenants OR will the legislation only apply to new contracts?

Thanks BPT

15/03/2019 13:09

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