Deposit Protection
Deposit Protection is a system designed to safeguard the money that tenants pay as a security deposit to their landlords. This protection ensures that if a tenant meets the terms of their rental agreement, they will receive their deposit back at the end of their tenancy.
In many countries, such as the United Kingdom, landlords are required to place deposits in a government-approved scheme. These schemes help resolve disputes between tenants and landlords, providing a fair process for returning deposits and ensuring that tenants are treated fairly.