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Old 19.01.2013, 18:55
danny danny is offline
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Re: SwissCaution - the apartment deposit lenders thread

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We are looking to move and the deposit for the new place is a cool 9,000 chuffs, and our existing deposit of 5,000 chuffs is in a bank account. I don't expect any grief or retention of our existing deposit when we move, but am wary of the landlords ability to hold it back for up to 12 months. On top of the other moving fees finding 9k is a stretch, so I was wondering if in principle a landlord would/could accept say 50% cash 50% SwissCaution, the SwissCaution to be replaced by cash when the existing deposit is released, and the SwissCaution cancelled, or must it be wholly cash or SwissCaution?
In principle yes this could be done unless the owner does not want to do admin twice one for SC and one for the regular bank account to be setup.
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