Rent deposit deed: charge | Practical Law
A rent deposit deed where the deposit is held by the landlord but, subject to the terms of the deed, it remains the property of the tenant, and is charged to the landlord. Both the landlord and tenant are assumed to be corporate entities and the rent deposit deed is assumed to be supplemental to a "new" lease for the purposes of the Landlord and Tenant (Covenants) Act 1995.