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Holding Deposit Form
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People also ask
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Are holding deposits refundable in California?
In theory, a property owner should only retain the amount of a holding deposit equivalent to the actual damages caused by a potential tenant not signing a lease contract. The owner should return the remainder of the deposit to the tenant. -
Is a holding deposit a non refundable payment?
In general, the holding deposit will either be put towards the security deposit (ie it will be deducted from the total amount of security deposit that needs to be paid) or else it will be refunded upon starting the tenancy. -
Can I get my holding deposit back if I change my mind?
You are welcome to contact the landlord to ask if they would be willing to return your holding deposit to you. Please bear in mind though, that where you pull out of an application like this you are liable to forfeit the holding deposit as per the terms you have agreed to. -
Can I get a deposit back if I change my mind?
Yes, it is possible to change your mind after paying a deposit, but whether you can get a refund or not depends on the terms and conditions of the deposit. Some deposits are non-refundable, while others may be refundable under certain circumstances. -
Is a holding fee the same as a deposit?
Renters pay holding deposits to landlords to reserve the property before signing a lease or paying a security deposit. While holding deposits secure housing for a tenant, they are not as binding as security deposits. A holding deposit typically holds a rental unit for one to two weeks. -
How do I get my deposit back?
You'll need to contact your landlord at the end of your tenancy and ask them for your deposit. If your home is managed by a letting agency, you'll need to contact them instead. It's best to write or email when you ask for your deposit back - if you do, you'll have a record of when you asked for it. -
Can I get back my holding deposit?
If the tenancy goes ahead… You will get the holding deposit back. In most cases, it won't be returned directly, but will instead be rolled into your other costs such as the tenancy deposit or rent in advance.
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