Why do I have to pay a security deposit?

Last updated on December 1, 2025

The deposit paid is both your and our guarantee that there is money set aside for renovation when you move out. If there are other financial issues, the deposit can also be used to cover these.

If there is any money left over after the renovation, the amount will of course be refunded after the moving inventory has been completed. This system procedure typically takes 8-10 weeks after the amount has been released, so we hope for your understanding and patience.

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