Hi,I would like to get your opinion and ...

Asked by Nolan Brunsdon on 26-10-2022 11:10:49
Question posted in the Landlord Tenant Law category relating to Gauteng


I would like to get your opinion and advice on my rent contract issue.

I paid a deposit 10 years ago when I started renting from a rental agency.

Now that I want to move out, I asked them for a statement of my deposit and the interest.To which they replied:

"There is no interest accumulated on the deposit in accordance with clause 16 of your lease agreement."

The clause in my contract signed in 2012 states they can on their discretion put the deposit in an account and the interest is theirs.

My question is? Can they contract out of law, does the contract overide the law and can I do something about this?

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