News Hong Kong Property & Finance

2 months deposit against last 2 months rental

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Posted by habana_nomad 19 yrs ago

when I signed my lease, I deposited the normal 2 months rental as deposit. I have been in contact with a few landlords here in HK and they tell me that it is common practice to not pay the final 2 months rent and instead have the landlord take the rent from the deposit instead.

Apparently, the tenant has more power in the eyes of the law then the landlord.

Is this also other peoples' experience.

Simon

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COMMENTS

BumpyDog 19 yrs ago

Yes, this is common practice. It also ensures that you get your entire deposit back without deductions for "wear and tear" etc.

I'm not sure what the legal position on this is, though.

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2 months deposit against last 2 months rental

Posted by habana_nomad 19 yrs ago

BumpyDog 19 yrs ago

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