How long does it take to return a deposit?
The security deposit is a sum of money paid at the signing of the lease. It is kept by the lessor for the duration of the lease. At the end of the lease, it is either returned to the tenant or kept partially or totally to cover any damage.
> The amount of the security deposit must be included in the rental agreement. It cannot be greater than:
● 1 month's rent for the rental of an empty dwelling excluding rental charges
● 2 months' rent for the rental of furnished accommodation excluding rental charges
This necessarily concerns principal residences.
The ALUR law of 24 March 2014 regulates the deadlines for returning the security deposit The tenant can recover his deposit within a period of:
● 1 month maximum if the outgoing inventory is identical to the incoming inventory,
● 2 months maximum if the outgoing inventory is different from the incoming inventory.
Please note :
When the landlord does not return the security deposit within the prescribed time, he must pay late payment interest to the tenant.
The amount of the security deposit to be returned to the tenant is increased by an amount equal to 10 % of the monthly rent (excluding charges) for each month of delay started
As a result, the security deposit does not replace the last rent.
It is illegal to deduct from the last rent to be paid the amount of the security deposit paid to the landlord.
A tenant who deducts the amount of the security deposit from the last rent cannot obtain a rent receipt.
> The amount of the security deposit must be included in the rental agreement. It cannot be greater than:
● 1 month's rent for the rental of an empty dwelling excluding rental charges
● 2 months' rent for the rental of furnished accommodation excluding rental charges
This necessarily concerns principal residences.
The ALUR law of 24 March 2014 regulates the deadlines for returning the security deposit The tenant can recover his deposit within a period of:
● 1 month maximum if the outgoing inventory is identical to the incoming inventory,
● 2 months maximum if the outgoing inventory is different from the incoming inventory.
Please note :
When the landlord does not return the security deposit within the prescribed time, he must pay late payment interest to the tenant.
The amount of the security deposit to be returned to the tenant is increased by an amount equal to 10 % of the monthly rent (excluding charges) for each month of delay started
As a result, the security deposit does not replace the last rent.
It is illegal to deduct from the last rent to be paid the amount of the security deposit paid to the landlord.
A tenant who deducts the amount of the security deposit from the last rent cannot obtain a rent receipt.
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