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Deposit - who pays it?

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  • 14-07-2013 1:17pm
    #1
    Richard Dower
    Banned (with Prison Access) Posts: 21,634 ✭✭✭✭


    When i moved into Bengal 10 years ago i paid the LL €500 deposit, he defaulted 18 months ago and the property reposessed by the bank.

    As such who's responsibility is it to return said deposit?


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    #2
    djimi
    Registered Users Posts: 13,237 ✭✭✭✭djimi


    If the bank repossessed then they became your landlord and they should be the ones to return your deposit.


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    #3
    Grandpa Hassan
    Registered Users Posts: 1,945 ✭✭✭Grandpa Hassan


    Richard Dower wrote: »
    When i moved into Bengal 10 years ago i paid the LL €500 deposit, he defaulted 18 months ago and the property reposessed by the bank.

    As such who's responsibility is it to return said deposit?

    I assume it was properly documented and signed?


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    #4
    Richard Dower
    Banned (with Prison Access) Posts: 21,634 ✭✭✭✭Richard Dower


    Grandpa Hassan wrote: »
    I assume it was properly documented and signed?

    yes...have receipt.


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    #5
    StillWaters
    Closed Accounts Posts: 1,799 ✭✭✭StillWaters


    djimi wrote: »
    If the bank repossessed then they became your landlord and they should be the ones to return your deposit.

    I don't think it's as clear cut as that. The tenant could join the list of LL creditors. I would contact Threshold. This is becoming increasingly common, and I would be interested in hearin their take on it.


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    #6
    djimi
    Registered Users Posts: 13,237 ✭✭✭✭djimi


    I dont think that is the case for a private landlord, is it?


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    #7
    foggy_lad
    Closed Accounts Posts: 20,373 ✭✭✭✭foggy_lad


    Richard Dower wrote: »
    When i moved into Bengal 10 years ago i paid the LL €500 deposit, he defaulted 18 months ago and the property reposessed by the bank.

    As such who's responsibility is it to return said deposit?
    Most deposits are paid by the council when it is part of the RAS scheme. So if you were due any deposit would it not be paid to the council who might have paid the deposit for your current accommodation?


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