What Happens to the Tenancy Deposit at the End of the Tenancy Period?


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By law, a tenant is supposed to recover the tenancy deposit at the end of the tenancy period, if there is no agreement of renewal. To ensure this, a Tenancy Deposit Protection Act was drawn up in April 2007. The tenancy deposit is protected by the landlord under the right body. If they fail to do so, they may face legal action or may not be able to reclaim the property after the tenancy. At the end of the tenancy, the landlord and tenant are required to apply for the deposit to be released after agreeing on deductions for repairs and other payments.


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