Deposit Deduction Agreement

This form is to record the mutual agreement between the Landlord/Agent and the Tenant(s) regarding deductions from the security deposit at the end of the tenancy.

1. Agreement Details

Date of this Agreement

Property Address

2. Parties Involved

Tenant(s) Full Name(s)

Landlord/Agent Name

3. Deposit Information

Original Deposit Amount (£)

Deposit Protection Scheme Name

Scheme Reference Number

4. Itemized Agreed Deductions

5. Summary of Agreement

Total Agreed Deductions (£)

Amount of Deposit to be Returned to Tenant (£)

Tenant's Bank Details for Return of Balance:

Account Holder Name(s)

Sort Code

Account Number

6. Agreement Statement

The Tenant(s) listed above hereby agree to the deductions from the security deposit as itemized in Section 4 of this document. The Tenant(s) confirm that the total sum of £0.00 (Total Agreed Deductions) is a fair and accurate reflection of costs incurred for cleaning, damages beyond fair wear and tear, or other outstanding liabilities at the end of the tenancy for the property located at the address stated above.

The Landlord/Agent agrees to return the balance of the deposit, amounting to £0.00 (Amount of Deposit to be Returned), to the Tenant(s) using the bank details provided in Section 5, within the legally prescribed timeframe, or as otherwise agreed, following the signing of this agreement.

This agreement is made to resolve all matters relating to the security deposit for the aforementioned tenancy and property. Both parties agree that this represents a full and final settlement in respect of the deposit deductions.

7. Signatures

By signing below, all parties acknowledge and agree to the terms of this Deposit Deduction Agreement.

Landlord/Agent Signature: ____________________

Name: Dad-Link (ClearCompliance Agency)

Date:

Tenant 1 Signature: _________________________

Name:

Date: ______________

Tenant 2 Signature (if applicable): ___________

Name:

Date: ______________