What is a Rent Deposit in the context of a Leasehold Rent Deposit Deed
Rent Deposits and Rent Deposit Deeds explained: A Rent Deposit Deed is a document which is supplemental to the Lease and is something a Landlord may require so that they have an advance payment of the rent (usually between 3 and 12 months) to protect the Landlord in situations where the Tenant fails to pay rent or breaches other conditions in the Lease. The Rent deposit is the amount of the deposit that the deed provides the legal terms and conditions of use for.