The deposit is returned within one month from the end date of the rental agreement. The condition for the refund is that the tenant has no outstanding debts and that the technical property manager has completed the move-out inspection of the apartment.
Any final water bill and the costs of any faults and deficiencies identified during the final inspection will be deducted from the deposit.
When filling out the termination form, please always provide your account number in IBAN format.
Within the SEPA area, the IBAN account number is sufficient. An IBAN account number starts with a country code (e.g. FI) and contains up to 34 characters. You can find your IBAN account number, for example, on your bank statement.
For refunds made outside the SEPA area, the following information is required in addition to the IBAN account number:
- the account holder’s name and address (home country)
- the bank’s name
- the bank’s SWIFT/BIC code
- the bank’s address
Incomplete bank details may delay the refund of the deposit.