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Alternatives to Deposit in Westland: Guarantee System and Bank Guarantees

Replace deposit with guarantee system or bank guarantee in Westland: local costs, benefits for horticulture and legal status according to the Civil Code.

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Guarantee System in Westland

In Westland, the heart of Dutch greenhouse horticulture with greenhouses in places such as 's-Gravenzande and Naaldwijk, the Guarantee Fund has offered affordable guarantees since 2015 as an alternative to cash deposits. For a one-time fee of €650 (depending on the rent), you receive full coverage for tenants in Westland rental homes or commercial properties. No interest for the landlord, ideal for seasonal workers in the horticulture sector.

Bank Guarantee for Westland Lease Agreements

As a tenant in Westland, you can arrange a bank guarantee in the amount of 1-3 months' rent, commonly used for commercial properties in Poeldijk or Monster. Annual costs are around 1-2% of the guarantee amount. In the event of default, the landlord claims directly from the bank, without legal proceedings via the district court in The Hague.

Advantages and Disadvantages Specific to Westland

OptionAdvantages in WestlandDisadvantages
DepositSimple and directTied-up capital, bottleneck for horticulture employees
Guarantee SystemLow one-time fee, flexible for flex workersSome administration upon application
Bank GuaranteeNo cash tied up, convenient for entrepreneursOngoing costs (1-2% p.a.)

Legal Equivalence in Westland

According to Article 7:249 of the Dutch Civil Code (BW), these alternatives are fully recognized as equivalent to the traditional deposit, also in Westland lease disputes. The choice lies with the tenant, but consultation with local real estate agents in Honselersdijk is recommended for smooth handling.