What is Damage deposit?
A '''damage deposit''' or '''deposit''' is a sum of [[money]] that is paid when one [[renting|rents]] an item. It is paid to ensure the [[Ownership|owner]] that it is returned in good condition. It is very common with rented [[accommodation]]. There it may also be called a '''tenancy deposit''' or in some places a '''tenancy bond'''. The owner of the item (the [[landlord]] in the case of accommodation) will take a sum of money from the person(s) renting the item (the tenant). If the item is returned in good condition at the end of the [[tenancy]] the owner should return the deposit. If the item is returned with [[damage]] the cost of [[repair]]ing that damage may be charged against the deposit, and part (or none) of the deposit will be returned. ==Other websites== * [http://england.shelter.org.uk/advice/advice-112.cfm Tenants' information guide on deposits from Shelter] {{Webarchive|url=https://web.archive.org/web/20080101093837/http://england.shelter.org.uk/advice/advice-112.cfm |date=2008-01-01 }} * [http://www.letsuni.org/information/deposits/ Tenants' information guide on deposits] {{Webarchive|url=https://web.archive.org/web/20061215215928/http://www.letsuni.org/information/deposits/ |date=2006-12-15 }} aimed at students, but useful for most types of tenants. * [http://www.tds.gb.com/ Tenancy Deposit Scheme for Regulated Agents] {{Webarchive|url=https://web.archive.org/web/20070210182215/http://www.tds.gb.com/ |date=2007-02-10 }} - a scheme aiming to aid fairness in tenancy deposits. {{stub}} [[Category:Property]] [[th:มัดจำ]]