Deposit

A Deposit-type revenue is automatically added in the Finance section when the Tenancy is created. It is always possible to add this type of revenue manually, in Finance, by adding a revenue.

The deposit must be put in a government-backed tenancy deposit scheme (TDP).

Deposit return

When the tenancy ends, the deposit must be returned:

  • Within 10 days of both parties agreeing on the returned amount.
  • If a dispute arises, then the deposit will be protected until the issue is sorted out.

Deposits made by a third party

The landlord must use a government-backed tenancy deposit scheme, TDP, even the deposit is paid by a third party, not by the tenant.