Hi,
From scenario described, I strongly sense that the transaction was conducted between yourself and landlord/owner only.
You should have engaged an agent to assist since you are not required to pay any commission. In this case, you will not be as lost as now.
I guessed your term used "OTP is over", could means that you have signed on the OTP acceptance section, and paid remaining 4% of the deposit.
Was there a date stated "transaction completion"? If this is not clearly stated, did your lawyer advise when will it complete?
During this period, you are still renting the premise as tenant. Thus you are obliged to continue paying the rent. It is until on completion date that you be the legal owner. Thus it is right that the landlord/owner still hold onto the deposit.
You may discuss with the landlord/owner to return deposit and sign an agreement that any damages from now onwards shall not under responsibility of the landlord/owner and there are no reason for landlord/owner to continue holding your deposit.
Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
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