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Old 19.07.2010, 19:20
danny danny is offline
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Re: SwissCaution - the apartment deposit lenders thread

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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.
In many countries this is called fraud or theft.
Yes, this is basically a source of income for the agents...use the deposit to upgrade the apartment and charge the incoming tenant the higher rent.
With such steep deposits, it can really be used to basically amounts to fraud in some countries as you said. The thing is they do everything by the book.
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