Do I need to charge a security deposit when renting my room? | Weroom
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Frequently Asked Questions

? Do I need to charge a security deposit when renting my room?

To book a room, a user needs to pay the first month's rent. As the person letting the room, you may decide to charge a security deposit in addition to the first month's rent. The amount you can request is at your own discretion. However, a security deposit exceeding the standard 4 - 6 week's rent may discourage users in the booking process.

Weroom cannot be held responsible for the security deposit refund to the tenant. The deposit refund needs to be arranged between the tenant and person letting the room whether agency, landlord or flatmate according to the terms in the contract.