Sale and Rent Back - Deposit?

A deposit involves money being paid from a tenant to a landlord and the expectation of the subsequent repayment of some or all of it to the tenant. Accordingly, the 30% was not a deposit but a deferred purchase price payment.

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Deposits and Tenancy Deposit Schemes

Understanding the deposit protection requirements can be challenging. Our comprehensive guide simplifies the process and helps you comply with the law.