Common use of Your Security Deposit Clause in Contracts

Your Security Deposit. 11.1. You agree to pay to us the Security Deposit as security for the performance of your obligations under the Tenancy Agreement. 11.2. At the end of the Tenancy Period, you will be given the opportunity to attend a check-out inspection with one of our representatives with a view to reaching agreement as to what, if any, deductions we will be entitled to make from the Security Deposit. However, we reserve the right to give you notice of our intention to draw on the Security Deposit at any time in payment of any sums due from or spent on behalf of you under the Tenancy Agreement. Where applicable, the Security Deposit, or the relevant amount of the Security Deposit, will be returned to the Tenant following the end of the Tenancy Period. 11.3. You will not off-set the Security Deposit against any payment of Rent or other sums due to us under the Tenancy. 11.4. We agree that the Security Deposit shall be protected by “My Deposits” in accordance with the rules of the Tenancy Deposit Protection Scheme. 11.5. You agree that we have the right to deduct £25 from the Deposit in case of re-issuing a deposit cheque.

Appears in 1 contract

Sources: Tenancy Agreement

Your Security Deposit. 11.1. You agree to pay to us the Security Deposit as security for the performance of your obligations under the Tenancy Agreement. 11.2. At the end of the Tenancy Period, you will be given the opportunity to attend a check-out inspection with one of our representatives with a view to reaching agreement as to what, if any, deductions we will be entitled to make from the Security Deposit. However, we reserve the right to give you notice of our intention to draw on the Security Deposit at any time in payment of any sums due from or spent on behalf of you under the Tenancy Agreement. Where applicable, the Security Deposit, or the relevant amount of the Security Deposit, will be returned to the Tenant following the end of the Tenancy Period. 11.3. You will not off-set the Security Deposit against any payment of Rent or other sums due to us under the Tenancy. 11.4. We agree that the Security Deposit shall be protected by “My Deposits” in accordance with the rules of the Tenancy Deposit Protection Scheme. 11.5. You agree that we have the right to deduct £25 from the Deposit in case of re-issuing a deposit cheque.

Appears in 1 contract

Sources: Assured Shorthold Tenancy Agreement

Your Security Deposit. 11.1. You agree to pay to us the Security Deposit as security for the performance of your obligations under the Tenancy Agreement. 11.2. At the end of the Tenancy Period, you will be given the opportunity to attend a check-out inspection with one of our representatives with a view to reaching agreement as to what, if any, deductions we will be entitled to make from the Security Deposit. However, we reserve the right to give you notice of our intention to draw on the Security Deposit at any time in payment of any sums due from or spent on behalf of you under the Tenancy Agreement. Where applicable, the Security Deposit, or the relevant amount of the Security Deposit, will be returned to the Tenant following the end of the Tenancy Period. 11.3. You will not off-set the Security Deposit against any payment of Rent or other sums due to us under the Tenancy. 11.4. We agree that the Security Deposit shall be protected by “My Deposits” in accordance with the rules of the Tenancy Deposit Protection Scheme. 11.5. You agree that we have the right to deduct £25 25_ from the Deposit in case of re-issuing a deposit cheque.

Appears in 1 contract

Sources: Tenancy Agreement