Releasing Deposits to Joint Tenants
Tenancy Deposits

Jones
Jones
0 Thanks
1 Posts
12 years ago
0
Hi

I have a house let in a joint tenancy. One tenant wants to leave, replacing himself with a new tenant. The deposit is held by the deposit protection scheme.

Must the total existing deposit for the property be repaid, and a new deposit created for the whole property, or can just the leaving tenants portion of the deposit be repaid to him?

Thanks

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