The rental deposit in most countries can be a maximum of 1-3 months' rent and must be held separately by the landlord. Tenants have clear rights to proper management and full return after moving out.
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Consider statute of limitations: Claims for deposit return typically expire after three years from knowledge of the claim.
ContractsGuard can help digitally archive all relevant documents and automatically monitor deadlines, so important dates are not missed.
Frequently Asked Questions About Rental Deposits
Q: Can the landlord demand a higher deposit if the apartment is expensively furnished? No, the monthly rent multiplier rule applies without exceptions. Even for furnished or specially equipped apartments, the deposit may not exceed the legal maximum.
Q: Do I have to pay the deposit immediately upon contract signing? No, you can often pay the deposit in equal installments. The first installment is due when tenancy begins, with further payments in subsequent months.
Q: What happens to the interest on the deposit? The interest belongs to the tenant. The landlord must invest the deposit separately and pass on the usual interest.
Q: How long can the landlord keep the deposit after moving out? Usually 3-6 months to check claims. For complex settlements, it can be up to 12 months, but undisputed amounts must be returned earlier.
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