Document background
The Security Deposit Return Letter is a crucial document used at the conclusion of a lease agreement in Belgium when returning a tenant's security deposit. It must comply with the Belgian Civil Code and regional housing regulations, which mandate specific requirements for deposit returns, including maximum timelines and proper documentation. This document is typically issued after the final property inspection and serves multiple purposes: it confirms the amount being returned, documents any deductions made, includes interest calculations as required by law, and provides a formal record of the transaction. The letter is particularly important in Belgium due to strict regulations regarding deposit accounts and return procedures, and it helps protect both landlords and tenants by providing clear documentation of the deposit return process.
