What are the rental deposit rules?

After signing your rental agreement, you placed a deposit with us. This deposit serves to secure the responsibilities that are stated in your rental contract.

We will refund your deposit after you have moved out of your residence. In case your accommodation is clean when checking out, nothing is broken or significantly damaged, and there are no outstanding rent payments, you will receive a full refund. Otherwise, the costs will be deducted from your deposit payment.

We would prefer to return the full deposit to everyone as this would mean that everything is left behind clean, tidy, and according to our check-out policy. We, therefore, request our tenants to clean their residences as thoroughly as possible. When the cleanliness is not meeting our cleaning policy, cleaning will be outsourced and the costs will be deducted from your deposit. 

In order to process your deposit refund, you need to provide us with proof of deregistration issued by the local authorities (or proof of registration at another address). After we have received your proof of deregistration and IBAN, your deposit will be refunded within 30 days into your bank account. Note that we can only refund your deposit after you have provided us with these details. 

Categories: About your rental agreement About payments