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Why do you need a deposit when renting a house? Is the rent deposit refundable?
No matter what kind of house you rent, you must pay a deposit when renting. The deposit is guaranteed to the lessor and must be returned to the tenant when you check out. , but many people don’t know much about it. Today we will introduce to you why tenants need a deposit and whether the rent deposit is refundable. Let’s talk to you together.
1. Why a deposit is required for renting a house
The role of a rental deposit. Generally, a certain amount of deposit is required to rent a house. The amount of the deposit depends on the decoration and furniture of the house. Regarding the configuration of electrical appliances, the purpose of charging a deposit is for the landlord to protect his belongings. After the legal relationship between the parties ceases to exist and there are no other disputes, the deposit shall be refunded. In case of default the deposit will be deducted from the deposit. Some landlords will withhold a small deposit on the grounds that the locks need to be changed, but the amount is not large.
The deposit can bind the tenant not to cause damage to the property. If during the rental process, damages and other related expenses incurred because the tenant violates the provisions of the rental contract, the landlord can deduct the damages from the deposit, and the tenant must pay the penalty for the shortfall. If the tenant is unable to rent the property normally during the lease period due to the landlord's reasons, the landlord should immediately return the deposit to the tenant in full without interest, and the tenant has the right to pursue the landlord's liability for breach of contract.
2. Is the rent deposit refundable?
1. If the house and its facilities are not damaged, the owner should return the deposit: When signing the lease contract, both parties should indicate Within a number of working days after the expiration of the lease, the owner shall return the deposit provided that the house and its facilities are not damaged.
2. If the lease contract does not specify the nature or rules of the deposit, the deposit must be returned: If the lease contract does not specify the nature or rules of the deposit, the deposit will be treated as a rental advance payment and must be returned no matter what.
If a party pays a lien, security deposit, security deposit, contract deposit, deposit or deposit, etc., but does not agree on the nature of the deposit, and the party claims the right to deposit, the people's court will not support it.
3. Unless otherwise stipulated in the contract, the landlord shall return the deposit when the lease relationship is terminated: Unless otherwise stipulated in the contract, the landlord shall return the deposit when the lease relationship is terminated and the tenant vacates, counts and pays the deposit in full The rental deposit will be returned to the tenant in full without interest on the same day after the fees are payable.
The above is all the knowledge I will introduce to you today about why tenants need a deposit and whether the rent deposit is refundable. The rental deposit must be returned to the tenant. If there is a problem that the rent is not refundable, you can The two parties will negotiate, and if the negotiation fails, they can file a lawsuit in court.
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