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DPS repaying tennants deposit
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Hi I have had my house rented out I paid the deposit into the DPS the tennents are leaving and are asking for the DPS form ( what form ) to claim the deposit back any idea how I go about this. I just thought i paid the deposit back into there account when I was happy with the property's inspection.... never done this befor ?
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Following on this is the para you require...
Landlords, agents and tenants can all request the repayment of a deposit to the appropriate parties at the end of a tenancy – either jointly or independently, online or by calling us and requesting a paper form.
When one party requests a repayment, the other needs to confirm whether they agree with the proposal, by completing an acceptance form – either online or by post.
It is in the best interests of all parties to agree promptly on how the deposit is to be repaid, so that everyone receives the funds due to them quickly and amicably.
All deposits are repaid within 10 calendar days of the correctly completed acceptance form being received by The DPS.
Landlords, agents and tenants can all request the repayment of a deposit to the appropriate parties at the end of a tenancy – either jointly or independently, online or by calling us and requesting a paper form.
When one party requests a repayment, the other needs to confirm whether they agree with the proposal, by completing an acceptance form – either online or by post.
It is in the best interests of all parties to agree promptly on how the deposit is to be repaid, so that everyone receives the funds due to them quickly and amicably.
All deposits are repaid within 10 calendar days of the correctly completed acceptance form being received by The DPS.
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