An independent RES exam study resource — not a Government website and not affiliated with the Council for Estate Agencies (CEA).Find My OrderHow to identify official CEA sources
Home / Free RES questions / Tenancy practice and money terms

Paper 1 · Lesson 7 — Leases and Tenancies

Tenancy practice and money terms

Practical money terms: deposit as security, and rent review to "prevailing market rent" (an independent licensed valuer).

1 questionAnswers & explanations includedFree — no sign-up

Question 1

At the start of a tenancy the tenant pays the landlord a security deposit. Later, when the tenant falls a month behind on rent, the landlord announces that he will simply keep an equivalent part of the deposit to cover it, treating the deposit as his own money to apply as he sees fit. There is no clause in the agreement permitting him to do so, and the tenant insists the deposit was always meant to be returned to him at the end and is not the landlord's to spend on the arrears.

Which statement is correct?

  1. A. The deposit is forfeited to the landlord the moment the tenant falls into any arrears of rent.
  2. B. The deposit belongs to the landlord once paid, and he may apply it against rent as he chooses.
  3. C. The deposit must by law equal one month's rent and is automatically set off against arrears.
  4. D. The deposit is the tenant's money, held as security, and not applied to rent without agreement.
Show the answer and full explanation

Answer: D

The rule. A security deposit remains the tenant's money, held by the landlord as security. The landlord cannot simply apply it against outstanding rent unless the parties have agreed he may; it is refundable, and no law requires a deposit at all.

Why D is correct. The deposit is the tenant's money held as security. Without an agreed clause allowing it, the landlord cannot keep part of it to cover the arrears.

The other options.

  • B treats the deposit as the landlord's. It remains the tenant's.
  • C fixes it by law at one month and sets it off automatically. No law requires or sizes it.
  • A forfeits it on any arrears. It is not forfeited; it is security, applied only as agreed.

Exam note. The deposit is the tenant's money, not a rent reserve. Offsetting it against rent needs agreement.

A security deposit remains the tenant's money, held by the landlord as security →

Practise it under exam conditions

Single questions test whether you know a rule. The paper tests whether you can find it in a scenario, at speed, with three plausible alternatives in the way. Start with the free 20-question half-paper.

Looking for past-year papers? CEA doesn't publish them — here's what it does publish.

Independent study material. Not affiliated with or endorsed by the Council for Estate Agencies. No pass guarantee — for study use only.