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Recently I found a house that I liked and put down a deposit to hold the room of £300.00 via cheque. The landlord gave me a written receipt for this explaining it was a security deposit. He then gave me the keys to the house and said that he would post on the contract for me to look at and then on meeting we would sign it. I have since decided that I do not wish to take up the tenancy and since I have not signed any tenancy agreement am I entitled to cancel the cheque for the deposit and return the keys to the landlord? This is an urgent question. Thankyou.

2007-09-15 03:43:41 · 2 answers · asked by Anonymous in Business & Finance Renting & Real Estate

2 answers

Sorry but you are probably not entitled to a refund. The money you paid was to hold the property. The landlord took it off of the market with the assumption that you would follow through with your tenancy. Any refund of the monies paid now will be exclusively at the discretion of the landlord; he is not obligated to return the deposit.

Had you followed through with the tenancy agreement the money would have been treated as your damage deposit. However it was a holding deposit until you executed a tenancy agreement and will be forfeit if you don't take the property.

2007-09-15 04:04:06 · answer #1 · answered by Bostonian In MO 7 · 0 0

The deposit is to offset damages and so on on the top of your tenancy. in case you have no longer signed a settlement then ask, in writing, on your deposit returned. deliver it recorded transport. on the backside of your letter after your signature, upload here cc To (a relatives solicitor) CC ability Carbon reproduction and put in the call of your loved ones solicitor and the owner could be intimidated sufficient to deliver your money right away away.

2016-11-15 07:16:36 · answer #2 · answered by ? 4 · 0 0

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