The traditional security deposit & Skip Deposit
Our real estate office has 2 types of security deposit.
How can you discover which type of security deposit is offered for which property?
By looking in the description if it says the following under security deposit:
Traditional security deposit or Skip Deposit security deposit.
We explain below how it works!
The traditional security deposit
When renting a property, a security deposit is always requested by the landlord.
This deposit is deposited into the landlord's account and after leaving the property and the final inspection, it is considered whether the full deposit can be returned to the tenant.
This deposit can amount to 3 times the monthly rent.
During the key transfer and check-out of the property, our rental agent always draws up an extensive check-in and check-out report. In this report, the condition of the entire house is recorded by taking pictures.
This report is then sent to both tenant and landlord.
What costs are you responsible for as a tenant during the rental period?
We provide tenants and landlords with a maintenance guide that states what costs the tenant and landlord are responsible for during the rental period. This maintenance guide is based on the "Minor Repairs Decree" decision.
This reduces some confusion about what costs may be deducted from the security deposit.
When renting a property, it is customary to transfer a skip deposit amount to the landlord after signing the lease. The amount of this deposit is often 3x the monthly rent, and is used to pay rent arrears and any damages to the rental property after the contract is terminated. Since moving is always an expensive business, this is often an unwanted but necessary expense for tenants. Skip Deposit represents a new way of renting where we say goodbye to the traditional security deposit. With Skip Deposit, tenants keep their own money available for things like moving because our fee is a lot lower than the security deposit.
In addition, Skip Deposit is an independent link between tenant and landlord, and we ensure that the termination of the lease is handled transparently.
How it works?
As a tenant, you have a duty to return the property clean and in its original condition upon termination of the lease.
The landlords we work with will prepare an inspection report in advance with clear photos of the property you have rented. After leaving the property, the landlord will conduct a final inspection, and add photos of the property at termination to the inspection report.
In case of damage, the landlord will file the claim with us. Skip Deposit will use the inspection report to assess whether the claim has merit. If the photos show that the property was not delivered as agreed, we will pay out the damage amount up to a maximum of 3x the monthly rent.
We then enter into discussions with you to recover the damages. With Skip Deposit, discussions about deductions from the security deposit are a thing of the past.
What does it cost?
The cost of the digital security certificate depends on the amount of the monthly rent. We charge a one-time fee at the start of rent, and an annual fee for each year you live in the property.
The tenant pays:
- one-time closing fee: € 150
- the annual fee: 5% of 'the monthly rent x 3
Calculation example annual fee - for a property with rental costs € 900,- per month:
- Rent amount € 900,- x 3 = € 2700,-.
- Fee 5% of € 2700,- = € 135,- per year
More information can be found on the website of Skip Deposit: