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Interest on Deposit in Westland: Your Legal Right

Do you have the right to interest on your rental deposit in Westland? Discover the rules, calculations, and how to claim it from your landlord in the municipality of Westland. (24 words)

2 min leestijd
In Westland, with its greenhouse complexes and residential centres such as Naaldwijk, Monster and Kwintsheul, every landlord is legally required to pay interest on the rental deposit from the first day of the tenancy. Article 7:204 of the Dutch Civil Code (BW) stipulates the statutory interest, which currently varies between 2-6% depending on the year and the term. This interest continues to accrue until the full repayment of the deposit. As a tenant in Westland, request an annual interest statement, otherwise your claim will become time-barred. In the event of non-payment, send a formal demand letter and retain all correspondence with your landlord. Many Westland landlords, especially for private and horticulture-related properties, deposit the deposit into a blocked account with foundations such as Woonborg or local equivalents. Check this immediately upon entering into your tenancy agreement in Westland. In the Westland region, where there is high housing demand due to the agricultural sector, tenants often turn to the Rent Tribunal (Huurcommissie) in The Hague or the district court (kantonrechter) in The Hague in cases of negligence. Local associations such as the Huurteam Westland offer free advice for your specific situation. This way, you maximise your rights in this dynamic municipality. (218 words)