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so in this video were talking about holding deposit and specifically when they need to be given back to tenants we already know that a holding deposit is capped at one weeks rent and its to take the property off the market while we do all the work to prepare the tenancy and it can be kept for 15 days to what is known as the deadline for agreement there are three situations in which that holding deposit must then be given back to the tenant the first one is if the landlord or the agent pulls out for any reason other than the ones that are allowing you to keep it so if its just the landlords to take the property off the market or sell the property you have to give that holding deposit back the second reason is it has to be given back to the successful tenant now for the successful tenant it doesnt necessarily need to be given back in cash it can go towards the first months rent or the security deposit to avoid issues about when the 30 days start running under the tenancy deposit p