tenants deposit account fraud???

hvj4

Member

Join Date: May 2005

Posts: 1
#1

tenants deposit account fraud???

24-05-2005, 08:24 AM

Hi, can anyone tell me is it illegal to take money out of a tenants deposit account without the tenants/landlords permission and spend it on personal items such as a new car, deposit for a house ect (and not replace it immediatly) or is it up to the letting agents disrection what they do with the money.
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Amanda

Member

Join Date: Apr 2005

Posts: 21
#2

25-05-2005, 13:31 PM

What!?!?!?

I hope you are joking!!! The tenants deposit money should not be used for anything other than to pay for delapidations above fair wear and tear at the end of a tenancy. It should sit in an account until the tenants vacate and under no circumstances should this money be spent on personal items!

Are you an agent considering doing this or a tenant wondering what's happened to their deposit?
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tenants deposit account fraud???

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