Guarantee
A guarantee is a promise from someone other than the tenant, for example an insurance company or Nav, that gives security for the landlord's claims following th...
How to open a deposit account
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Deposit and guarantee
A deposit account can be opened in banks that provide this offer. The deposit account must be in the tenants name, and none of the parties can dispose of the amount themselves under the duration of the tenancy.
It is the landlord who must cover the cost of opening a deposit account.
The Tenancy Act section 3-5 (Norwegian)More articles
Illegal deposit - what do you do?
The deposit is the tenant's money and must be placed on a locked account in the tenants name.
What is a legal deposit?
A deposit is an agreed amount of money that the tenant places in a locked bank account in the tenants name. It is meant as security to the landlords potential c...