What is the security deposit for?
Edited
The security deposit is intended to cover potential tenant defaults (such as the completion of the tenant’s repair obligations...). The amount of the security deposit, its payment, and its return are governed by law.
The supporting documents provided may be used to withhold a portion of the security deposit, for example:
- Move-in and move-out inventory,
- Photos,
- Bailiff’s report,
- Invoices,
- Quotes.