Renting a property in Cambodia can be confusing regarding one crucial aspect that both landlords and tenants should thoroughly understand, that is the rental deposit. To shed light on this matter, we've gathered insights and experiences from expert agents within our company.

1. What is a Rental Deposit?

A rental deposit is a sum of money paid by the tenant to the landlord at the beginning of a tenancy. It acts as a security measure for the landlord, covering potential damages to the property, unpaid rent, or other breaches of the rental agreement.

2. How Much is a Typical Rental Deposit in Cambodia?

In Cambodia, the standard rental deposit is typically one to two months' worth of rent. However, this amount can vary depending on several factors, including:

- Property Type and Value: High-end properties like villas or luxury apartments might require a larger deposit than more modest accommodations.

- Lease Duration: Longer leases might necessitate a higher deposit to mitigate the landlord's risk over an extended period.

- Negotiation: In some cases, the deposit amount can be negotiated between the landlord and tenant, especially in a competitive rental market.

3. Expert Agent Insights:

Our experienced real estate agents emphasize the importance of a clear and documented agreement regarding the deposit. They recommend that the deposit amount, terms of return, and potential deductions for damages be explicitly stated in the rental contract. This helps avoid misunderstandings and disputes down the line.

4. When is the Deposit Returned?

The deposit is typically returned to the tenant at the end of the lease, provided that all terms of the agreement have been met, and there are no outstanding dues or damages to the property. However, landlords may deduct costs for repairs or cleaning if necessary.

(You can also download a rental agreement template from our website for free)

5. Tenant Tips:

- Document the Property's Condition: Before moving in, thoroughly document the existing condition of the property with photos or videos. This serves as evidence in case of disputes over potential damages.

- Read the Contract Carefully: Understand all clauses related to the deposit, including the circumstances under which it can be withheld or deducted.

- Communicate Openly: Maintain open communication with the landlord throughout the tenancy to address any concerns promptly.

6. Landlord Tips:

- Set Clear Expectations: Clearly outline the deposit amount, terms of return, and potential deductions in the rental agreement.

- Conduct Thorough Inspections: Before and after the tenancy, conduct detailed inspections to assess the property's condition and identify any damages.

- Be Responsive: Address tenant concerns promptly and fairly to maintain a positive landlord-tenant relationship.

Read more:

- Serviced Apartments vs. Traditional Rentals: Which Is Right for You in Cambodia?

- 10 Ways to Make Money from Rental Property in Cambodia

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