The deposit
As a general rule, the security deposit will not be charged. If the tenant doesn’t have Finnish ID number, the deposit will be collected. In certain cases, the security deposit may still be charged, for example, if the applicant has a poor credit history or due to another similar reason. The security deposit corresponds to one month’s rent.
If you will be charged for the deposit, the offer includes payment instructions for paying the deposit. By paying the deposit you commit to accepting the offered apartment from the date mentioned on the offer. The deposit is your guarantee that you will take care of the tenant’s responsibilities and take good care of the apartment.
The deposit will be refunded within two months after the tenancy agreement has ended provided that you have returned your keys in time, your apartment is in order and you have taken care of all of your responsibilities. Please remember to inform us all necessary bank account information so that we can refund the deposit as soon as possible. If you have not got your deposit back on time, please contact Soihtu’s rent accountant.
The offer will be automatically cancelled, if you do not pay the deposit by the due date.
If you want to cancel accepting the apartment after paying the deposit, 100€ of arrangement and administrative costs will be deducted before we return the deposit. If you want to cancel accepting the apartment after signing the tenancy agreement, the notice period for an open-ended rent agreement is one calendar month. A fixed-term rent agreement cannot be terminated.
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