Yes – a Deposit is held as security for and in respect of the performance by the tenant of ‘all’ the obligations of the tenant in their tenancy agreement. This includes any rent or other money lawfully due or payable by the tenant under tenancy agreement which remains unpaid after the end of the tenancy.
Still not answered your question? We love questions so fire it at us using the contact details here
Please rate this article so we know how well it answered your question…