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On cancellation of your tenancy, currency kept from the property manager as the protection can be used because the let inside G.S. When the a property manager doesn’t deliver the renter on the report and you can deposit inside a fortnight, the fresh property owner will forfeit any to maintain people portion of the fresh deposit. Inside a fortnight following renter has vacated the brand new premise, the newest property manager will deliver the occupant with an enthusiastic itemized statement showing the basis for the level of the new deposit chosen, if any, and you may will return people rest of the put on the tenant.

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