Guarantee System in Tilburg
Since 2015, the Waarborgfonds has offered affordable guarantees to tenants in Tilburg and surrounding areas as an alternative to cash deposits. For a one-time fee of up to €650 (depending on the rent price in the Tilburg region), you receive full coverage. Ideal for starters on the Tilburg rental market, where no interest is charged to the landlord. Popular option with housing associations such as WonenBreburg.
Bank Guarantee for Tilburg Rental Agreements
In Tilburg, the tenant often provides a bank guarantee in the amount of 1-3 months' rent, matching the average rental prices in the city (around €900-€1,200). Costs are 1-2% per year via local banks such as Rabobank Tilburg or ING. In case of default, the landlord claims directly from the bank, without legal hassle – convenient in the vibrant Spoorzone or around the University.
Advantages and Disadvantages Specific to Tilburg
| Option | Advantages in Tilburg | Disadvantages |
|---|---|---|
| Deposit | Simple and familiar to local real estate agents | Tied-up capital, difficult with rising rents |
| Guarantee System | Low fee, quickly arranged via Waarborgfonds | Limited administration upon application |
| Bank Guarantee | No cash tied up, flexible for students | Annual costs by banks |
Legal Equivalence in the Netherlands
Article 7:249 of the Dutch Civil Code recognizes guarantee systems and bank guarantees as equivalent to the traditional deposit, also for rental agreements in Tilburg. The choice lies with the tenant, provided it is agreed with the landlord – no distinction in regions such as North Brabant.