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Old 07.01.2010, 15:02
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Re: SwissCaution - the apartment deposit lenders thread

Rental deposits are merely a way for estate agents and regies to cover the expenses upgrading or renovating standards of rentals under their management. In fact they charge the maintenance twice, once to the lessor and once to the lessee. Everybody knows....

I have not encountered one Swiss or foreign citizen that has NOT had problem in getting the deposit refunded in full.

One must consider that numerous insurance scams are born from this disease. A good numbert of people resort in declaring fraudulent damages when about to leave their flat so that their insurance will cover the repainting and repairs before final inspection. Insurance companies and rental agent have even proposed this option to me (yes over the phone) if I wanted to recover my full deposit (plus interest). I refused. But they still deducted some monies (30%) for upgrading the standards of the flat.

In many countries this is called fraud or theft.
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