OpenRent Community

A Guide to Holding Deposits for Landlords

Originally published at: https://devopenrent.wpengine.com/a-guide-to-holding-deposits-for-landlords/

Setting up a new tenancy can be confusing. Rules and laws have probably changed since the last time you let your property — especially with the introduction of the Tenant Fees Act (2019). The Act completely changed the rules around holding deposits, and you may have some questions. What do I do if a tenant…