I am planning to let my residential property out. I want to know do I have to take a deposit?

Home Forums Property Law Forum I am planning to let my residential property out. I want to know do I have to take a deposit?

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    lisaslaw@web
    Keymaster

    No – you are not obliged to take a deposit. If you do so, however, then you will have to deal with it in accordance with the tenancy deposit scheme. Otherwise you can suffer penalties.

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