SH
Stuart H

1 reviews | Active since Oct 2015

10 Oct 2015, 21:06

Awaiting response on deposit payment

Having vacated a Linprop property on the 1st of October 2015, I was assured by Carina that damages and charges notwithstanding, I would receive my full deposit and interest accrued within seven days.<br> <br> We attended the inspection together on Thursday 1 October and all was in order. I also paid my outstanding invoice immediately after vacating the premises in order to settle my account and avoid the risk of losing my deposit.<br> <br> I then tried to contact Carina numerous times during the week, both on her cell and at the office but to no avail. I was promised feedback on Saturday 10 October but this did not materialise. I simply wanted to find out when I could expect the deposit to be repaid as my understanding of the Rental Act is as follows:<br> <br> \Should there be no amounts owing by the tenant to the rental agent or landlord either for monies owing and unpaid in terms of the lease agreement

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Replies (1)
Linprop Realty
Linprop Realty's reply12 Oct 2015, 14:37
Official
Hello StuartHendricks,

Good day Stuart,

Your understanding of the Rental Act is correct. As stipulated the deposit needs to be finalised no later than seven days after termination, not including weekends or public holidays. The first day after the 1st would count as day one of the seven days. This means that your deposit needs to be finalised today.

As communicated to you earlier today, your deposit will be finalised today. In fact, the payment has already been released, and should reflect in your account tomorrow.

Regards,
The Linprop Team