Why do I need a deposit to rent a house? How much is the deposit for renting a house?

In order to ensure that their property is not damaged and illegally transferred, the landlord will charge us a certain deposit when renting a house. So why do you need a deposit to rent a house? How much is the deposit for renting a house? Why do you need a deposit to rent a house? The following small series will give you a detailed explanation.

Why do I need a deposit to rent a house?

1. The purpose of paying the rental deposit is to safeguard the interests of both parties, because something will inevitably happen during the rental process. There are many tenants now, and they should pay the rent when the lease contract expires, but the landlord's cell phone is turned off and no one contacts. In this case, paying the rental deposit can help the landlord reduce the loss.

2. Generally, you have to pay a deposit when renting a house. The amount of deposit depends on the decoration of the house and the configuration of furniture and electrical appliances. The purpose of collecting the deposit is to protect the property of the landlord. Under normal circumstances, the deposit will be refunded in full when checking out. Some landlords will deduct a little deposit on the grounds that they need to change the lock, but the amount deducted is not large.

3. If the lessee pays the deposit to avoid late payment of rent, it shall pay liquidated damages in addition to timely and full payment. There are also tenants who violate the contract and transfer the leased house to others for use without authorization. If they want to pay liquidated damages, they can deduct them from the deposit first.

4, renting a house to pay a deposit is a guarantee for the landlord, maybe you won't, but some tenants may appear when they live in the house, take the things in the house and then there is no news; When moving out, some expense documents have not arrived and cannot be settled; These can be deducted from the deposit. If this phenomenon does not exist, and there is a breach of contract in the contract, the deposit will be refunded in full at the end of the lease period.

How much is the deposit for renting a house?

1. The deposit is mainly agreed by the lessor and the lessee. At the same time, the deposit has the nature of default deposit and compensation deposit, which is clearly stipulated in the lease contract. For the lessor, we must ask the other party to pay a deposit and pay the rent for 3 months in advance. Be sure to make a clear agreement on the lease period and how to operate after the expiration of the lease period. There is no relevant provision in the law on how much deposit to pay for renting a house, which can be settled by both parties through consultation.

2. Under normal circumstances, one month's rent is charged as a deposit. This way is very common.

Summary: This paper explains why a deposit is required for renting a house, and how much the deposit is generally charged, so that everyone can understand that the deposit is to protect the landlord's personal belongings from being damaged and the rent is overdue. The rental deposit is usually one month's monthly rent, of course, both parties can negotiate with each other. I hope this article can help everyone.