Deposit deduction is calculated by considering various factors.
Our accountants ensure that an accurate invoice is provided to you. It is important to note that the deducted amount may exceed your expectations. For instance, if a tenant damages a part of the kitchen cabinets, they will be charged for the replacement cost, building costs, as well as the expenses associated with recycling and disposing of the damaged parts.
To avoid such deductions:
- it is advisable to take good care of the property entrusted to the tenant
- and consider obtaining liability insurance.