Conditions of deposit disputes – Insured scheme
Navigating formal resolution with confidence: Your responsibilities
When a formal resolution is needed, being well-informed about your responsibilities is crucial.
Here's a quick rundown of what you need to know when dealing with a formal resolution through mydeposits insurance:
Provide evidence
Be prepared to submit evidence that supports your claims. This could include tenancy agreements, inventory reports, photographs, and correspondence.Transparent communication
Maintain open communication with all parties involved. Clear communication can help in resolving issues requiring resolution more effectively.Review and counter
Review your tenant's response carefully. If you disagree with their proposal, provide a well-founded counterproposal with supporting evidence.Resolution process
In cases where you are unable to agree a settlement with your tenant, an independent and impartial adjudicator steps in to make a decision based on the evidence provided. Accept the adjudication outcome, as it's legally binding.Learning from formal resolution
Take every dispute as an opportunity to learn and improve your processes for the future.
For a comprehensive understanding of your responsibilities during formal resolution, refer to our member’s guide. Stay informed, stay empowered!