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Offsetting Rental Deposit upon Termination

How does offsetting the rental deposit work upon mutual agreement? Discover deadlines, rights, and steps for repayment minus deductions.

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Offsetting Rental Deposit upon Termination

Upon termination of the tenancy by mutual agreement, the deposit is offset against outstanding accounts. The landlord must repay the remaining amount within one month, minus damage or rent.

Rights and Deadlines

The tenant may not accept unreasonable deductions. Demand specification of costs. In case of dispute, initiate proceedings with the Rent Tribunal.

Tips for Offsetting

Combine with handover report. Pay outstanding service charges yourself for faster repayment.

Know your rights for fair handling of the deposit.