When renting a house or workplace, there are many details to consider about the rental stage and after. After you find the house you are looking for, you have to follow some procedures in order to rent it. The deposit fee given during the rental process is one of the important procedures related to the rental process. As the Millennium Turkey family, we have compiled the details of the rental deposit fee for you.
How to Get Rental Deposit Back?
When renting a house or workplace, there are many details to consider about the rental stage and after. After you find the house you are looking for, you have to follow some procedures in order to rent it. The deposit fee given during the rental process is one of the important procedures related to the rental process. As the Millennium Turkey family, we have compiled the details of the rental deposit fee for you.
What is the Rental Deposit Fee?
deposit ; For rented immovable properties such as residences or workplaces, it is the name given to the price that the owner receives from the tenant in order to secure themselves in case of damage to the property. The guarantee is taken from the lessee as money or valuable papers during the rental transactions and is taken back when leaving the rented property, depending on the terms of the rental agreement. In some cases, it is not possible to get this security deposit given to the property owner. In the event that the tenant damages the property, the owner of the property has the damaged parts of the residence done by the deposit and therefore uses the whole or a certain part of the deposit. Deposit fees vary depending on the situation.
How is the Deposit Amount Determined?
The amount of the security is determined according to the limits of the Code of Obligations. The law does not contain a lower limit on the determination of the deposit, so it is possible to not receive any deposit. Regardless of the leased structure, the maximum deposit amount that the property owner can receive from the tenant is 3 months' rent and no more can be requested. In the event that there are fixtures in the house, a security deposit not exceeding the 3-month rental fee can be taken for these fixtures. Rental deposit is usually required as one rental fee, but there are also property owners who want two or three rentals. The deposit can be paid in cash or in installments, depending on the agreement between the parties. If a valuable document is given as a deposit, the document is kept in the bank warehouse.
What should be done to get the deposit back?
In order for the deposit to be taken, the lease agreement must first be terminated and the tenant must inform the property owner that he or she will vacate the property. After the notification, the owner evaluates the differences between the property before and after the lease and the fixtures found in it. In case of tangible demonstrable damage, the owner is entitled to deduct the deposit. If the tenant does not damage the property and fulfills all the conditions in the rental agreement, he or she is required to get the full deposit back. If the tenant has fulfilled the conditions, but the landlord does not make the necessary repayment, the tenant can seek his right by initiating enforcement proceedings against the landlord. In order for the deposit to be withdrawn, it must be specified in the contract. In some cases, the owner will allow you to stay on the property for one more month, which may count towards the deposit. Legally, the landlord is required to repay the deposit to the tenant within three months when the lease is terminated. Legally valid reasons for non-repayment of the deposit;
The tenant has damaged the house or the fixtures, If the tenant has a rent debt, Examples are the cases where the tenant has not met the bills or apartment expenses he is obliged to pay.