Tenancy Deposit

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T
Tony Vale
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Having just purchased a property, one of the tenants had paid a deposit to the previous landlord, I am in the process of recovering the deposit on behalf of the tenant, and also issue a new AST. What is the procedure with the deposit,

a) do I retain it ?
b) do I return it to the tenant ?
c) do I need to put it into a deposit scheme ?

Any help or advice will be appreciated, thank you.

Regards

Jim Donaldson

04/11/2007 00:00

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