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deposit agreement

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hi guys, just need a bit of help from someone who holds expertise in this field. i want to know that as a landlord can i use the deposit money only cost of repairing the damage of the property or C… Read More
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9m, 1w agoPosted 9 months, 1 week ago
hi guys, just need a bit of help from someone who holds expertise in this field.

i want to know that as a landlord can i use the deposit money only cost of repairing the damage of the property or CAN I USE IT FOR WEAR AND TEAR AND CLEANING AS WELL?
101deal Avatar
9m, 1w agoPosted 9 months, 1 week ago
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#1
Found this

Deductions your landlord can make

If you don't look after the property you rent or don't pay the rent, your landlord can keep money back from your deposit as compensation.

Your landlord must tell you what they're deducting money for and how much for each item.

They can only deduct money to cover:
damage to the property
missing items
cleaning costs
any unpaid rent

Your landlord must return what's left of your deposit after the deductions.

Your tenancy agreement should include details of what your deposit covers

Check your agreement .. if you downloaded it from the internet (like my LL) then it should tell you
banned#2
How can you be a landlord and not even know where you stand with this?
banned#3
Same as above. Be nice though. A good idea is to pay for a property to be cleaned using the many companies that offer and end of tenancy clean prior to the tenant moving in. At that stage you should mention that you will deduct that cost at the end of the tenancy to get it cleaned again for the next tenant. That way there's no arguments. Tenant can refuse the initial cleaning offer but most don't as they get a clean property with the cost to them zero until they leave. In any case you are duty bound to hand over property in a clean state, but if you do it yourself it becomes more difficult to charge. Wear and tear is just that. It's part of your costs being a landlord.
#4
it is a pretty basic requirement tbh .. and if your tennant is causing that much damage or isn't looking after your property then you need a better agreement!! (and tennant)
#5
arcangel111
Found this
Deductions your landlord can make
If you don't look after the property you rent or don't pay the rent, your landlord can keep money back from your deposit as compensation.
Your landlord must tell you what they're deducting money for and how much for each item.
They can only deduct money to cover:
damage to the property
missing items
cleaning costs
any unpaid rent
Your landlord must return what's left of your deposit after the deductions.Your tenancy agreement should include details of what your deposit covers
Check your agreement .. if you downloaded it from the internet (like my LL) then it should tell you

thanks mate checking it right now
#6
Get yourself onto LandlordZone and educate yourself before you make any expensive mistakes. Professional tenants who "know their rights" can royally screw you over if you don't know what your doing.
#7
you want to deduct deposit money for wear a tear? are you serious?

They are part of your running costs as a business.

don't even attempt it, you wont get anywhere, apart form maybe in the small claims court when the tenant takes you there to claim back THEIR money.
#8
You can charge for cleaning if it is not to the same standard as when you let it out. As for wear and tear, no chance. That is an operating cost that you should factor into your pricing.
Cleaning - Tenant pukes over a carpet and leaves a greasy stain, charge for it.
Wear and Tear - the path of a door is scratched/worn due to the door brush rubbing against it, not the tenants problem.
banned#9
remember this , most but not all tenants move out without notice and won't pay a months rental, plus they won't pay the last bills leaving you constant letters from gas supply etc.
give your house a good check, say wait 2 days for me to make checks then refund any deposits. at least you have 2 days to check any damage, bills etc.
#10
You can only hold back money for damage. Wear and tear has to be the landlord liability. Cleaning only the property is not returned in the same clean condition when it was first handed over or if the contract states the property must be professionally cleaned at the end of the tenancy and it has not been done.

I am a landlord by the way.

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