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SERURITY DEPOSIT

newman10 · 2010-06-09 10:11:28

I hope that I have the correct forum. If you hold a security deposit from a Commercial Tennant who is going to close. Do you have to refund the deposit or can the desosit be held in lieu of rent or is a deposit for maintenance etc thanks

09-06-2010 10:11am

#1

newman10

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Join Date: September 2006

Posts: 921

I hope that I have the correct forum.

If you hold a security deposit from a Commercial Tennant who is going to close. Do you have to refund the deposit or can the desosit be held in lieu of rent or is a deposit for maintenance etc

thanks

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Comments

#2 10-06-2010 10:43am

brehayes

Registered Users, Registered Users 2 Posts: 76 ✭✭

Join Date: February 2006

Posts: 62

Not sure in a commercial context, but in a private context you are entitled to retain a deposit for any rent arrears or costs to cover any excess damage that may have been caused to the property.

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