Guarantee Scheme
Since 2015, the Guarantee Fund offers affordable guarantees instead of a cash deposit (max. €650 one-time fee). Fully covered, no interest for the landlord.
Bank Guarantee
The tenant provides a bank guarantee (1-3 months' rent). Costs: 1-2% per year. The landlord claims in case of default via the bank.
Advantages and Disadvantages
| Option | Advantages | Disadvantages |
|---|---|---|
| Security Deposit | Simple | Tied-up capital |
| Guarantee Scheme | Low fee | Administrative burden |
| Bank Guarantee | No cash required | Costs |
Legal Equivalence
Article 7:249 of the Dutch Civil Code recognizes alternatives as equivalent. The choice lies with the tenant.