Deposit retained by tenant find only agent?

Deposit retained by tenant find only agent?

11:09 AM, 17th July 2017, About 7 years ago 11

Text Size

Does anyone know what the legal position is regarding an agent retaining the tenants deposit when they have been employed for a tenant find only?

I already have an agent that manages my property and protects the tenants deposits, however, this agent claims that their procedure is to protect the deposits themselves through the DPS even with a TFO agreement.

I’ve used other agents in the past for a TFO and they have just forwarded the deposit to me, leaving it up to me to protect.

Many thanks

Adrian


Share This Article


Comments

Darlington Landlord

20:56 PM, 21st July 2017, About 7 years ago

Reply to the comment left by "Neil Patterson" at "17/07/2017 - 11:12":

Hi Neil and Mark
The new website does not send you to the latest comment when you click on that link. The first page of an article and commenct are loaded instead.
Appologies for posting here but I couldn't find any othe way to send you the feedback

Leave Comments

In order to post comments you will need to Sign In or Sign Up for a FREE Membership

or

Don't have an account? Sign Up

Landlord Tax Planning Book Now