Agent told me they had a Holding Deposit when they did not!Make Text Bigger
I have one property I let out, which was recently becoming vacant. After working with a single agent and them not finding tenants I went to other agents.
After a few days the original agent notified me that they had interested tenants who had given them a ‘Holding Deposit’. The agent requested we notified the other third party agents to take the property off the market.
Two weeks later we were informed by the agent that the new tenants, for their own reasons had pulled out of the tenancy.
I asked the agents about releasing the holding deposit to me as I had potentially lost two weeks rent. The agent informed me that they had not in fact taken a holding deposit from the new tenants. Furthermore they concluded they were not liable for any losses I might have incurred.
Is the agent correct in this?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.