The Tenant Must Make A Deposit

If a guarantee (deposit) debt has been imposed on the tenant in the lease agreement, the amount of the guarantee should not exceed the 3-month rental price. The assurance may be agreed upon in the form of money or negotiable instruments. If it was issued as money, then this money must be considered in a term deposit account. If it was issued as a negotiable instrument, then this negotiable instrument must be stored in a bank. The tenant makes the transactions of depositing the money into the term account or storing the valuable documents in the bank. However, the amount of security deposited or stored may be refunded with the consent of both parties, upon the completion of the enforcement proceedings by the lessor, or on the basis of a court decision.

Assurance fee is deposited to the bank, within three months following termination of the lease agreement lessor of the lease against the tenant with a lawsuit or engaged in pursuit or execution through bankruptcy, in writing, at the request of the tenant is obliged to provide back guarantee if you fail to notify you.

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