A deposit is money the tenant gives the landlord as security. It covers damages or unpaid debts. Problem: many landlords hold it after the lease ends – sometimes without reason.
What is a security deposit?
What does the law say?
Fair Rental Law (2017) states: Deposit limited to one-third of monthly rent times lease months (up to 3 months). Must be returned within 60 days of lease end. Deductions only for proven damages – not normal wear.
How to protect your deposit
- Photo every room on move-in day.
- Ensure apartment condition is documented in the contract.
- On exit day – photo again and do a walkthrough with the landlord.
- Demand the deposit back in writing.
- If not returned – go to small claims court.
Common mistakes
Not documenting on move-in. Agreeing to an excessive deposit. Not demanding return in writing.
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How Flamingo manages deposits
We manage deposits with full transparency. Move-in and move-out condition is documented. Return follows a clear timeline. Every deduction has documentation.
FAQ
Can the landlord deduct for painting? Only if damage exceeds normal wear.
What if they don't return it? Send written demand. After 60 days – you have grounds to sue.
Cash or bank transfer for deposit? Bank transfer is better – it creates a paper trail.
Summary: Your deposit – claim it back
The deposit is your money. Document everything and don't give up what's yours.
Questions about your deposit?
Flamingo's team will help you understand your rights.
Chat with Neta
Looking for an apartment? Neta will find a match in minutes
A digital rental agent, available 24/7, surfaces apartments that match exactly what you need
