Takeover · Bengaluru
Question about security deposits during flatmate replacements in Bangalore
₹75,000/ month
- BHK
- 1 BHK
- Baths
- 1 bath
- Available
- 26 Oct
- Where
- Bengaluru, Bengaluru
Hey! I'm considering moving into a pre-occupied flat in Bangalore and had a question about how security deposits work when replacing a flatmate.
The situation:
\- Three flatmates originally signed the lease and paid ₹75k each as a deposit (₹2.25L total).
\- One is moving out, and I'm considering replacing her.
\- The proposed arrangement is that I pay her ₹75k directly, while her deposit stays with the landlord. When I eventually move out, I'd find a replacement who pays me the same amount.
I understand why this arrangement makes sense for the outgoing flatmate. My concern is what happens if I eventually move out and the lease ends without a replacement.
The agreement mentions a ₹50k painting deduction from the total deposit, along with potential deductions for damage.
A few questions:
1. How are deductions like painting charges usually divided among flatmates when a lease ends?
2. If I move in now, could I end up bearing costs accumulated before I moved in?
3. Is paying the outgoing flatmate directly standard practice? How is the deposit transfer usually documented?
4. What's the best way to protect both parties in this arrangement?
I haven't spoken to the landlord yet and am trying to understand the usual practice before proceeding. I'm not questioning the outgoing flatmate's arrangement; I just want to understand the potential financial implications for myself.
Would appreciate hearing from anyone who's dealt with this in Bangalore. Thanks!
- Security
Pin is the neighborhood, not the buzzer. Exact address after you sign in.
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