Asked by Celine Koh
I would like to check the standard practice in handling security deposits placed by prospective tenants together with the letter of intend.
1) As the landlord can I bank it in straight away?
2) If there are problems occuring on the side of tenants in signing the tenancy agreement, can I forfeit the deposit?
1) As the landlord can I bank it in straight away?
2) If there are problems occuring on the side of tenants in signing the tenancy agreement, can I forfeit the deposit?
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