A copy of the certificate of deposit or receipt and the notice of the tenants must be provided. Some mandatory information that should be provided also includes: Full list of mandatory information that must be communicated to the tenant and anyone concerned to comply with the requirements of the Rent Guarantee Act. The 2011 Rental Bail Bonds (Scotland) Regulations also require you to give your tenants some important information about their deposit. To help you, we`ve created the model below. If you use the model`s Private Residential Tenancy (PrT) agreement, you can use the “Mandatory Information” (PRT) model. If you have additional clauses, please add them to the model. This will not be in your certificate, but it is quite crucial. If you do not have such a clause in your rental agreement, you do not have the legal right to deduct the down payment. In the case of a common tenancy agreement, it is not certain that the provision of the prescribed information is sufficient only for one of the co-ordered tenants (z.B.dem principal tenant) to comply with the requirements of the lease bond law – the internal rules of the administrators of each system give their members some guidance, but no binding judicial decision has yet been taken on this point. For this reason, this is part of the information you need to give to the tenant – you need to be able to check what you can do with your deposit. The prescribed information is a certain group of information about a rental agreement that you must legally make available to your tenants. You must provide your tenants with the prescribed information within 30 days of receiving the broker/owner`s deposit.
The law does not require the delivery of a copy of the system`s deposit certificate for the tenant or person concerned, but this may be required by the rules of the chosen rent bonding system. For more information on systems rules, see Approved Systems. In addition, landlords who have not placed a deposit in a TDP system within 30 days of receipt or who have not provided the required information cannot distribute a tenant with a Section 21 notification until the deposit is refunded to the tenant and the required information has been disclosed.