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How can you collect money for your summer renters damages which exceed their security deposit?
Wiki User
∙ 14y ago
Take them to small claims court, but you must make sure you can prove your case through pictures, repair bills, and other documents. If you can do that you have a case.
Wiki User
∙ 14y ago
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How much deposit can you charge a renter?
All 50 states allow renters to be charged a security deposit when renting. The amount is left up to the discretion of the landlord, but typically it is equal to the first month's rent.
Why do landlords want renters to pay a security deposit before moving into an apartment?
Because tenants, on the whole, cannot be trusted to deliver payment for damages they caused when they are moving out. Also, this gives the tenant a reason to take care of the property and not damage it, because then they don't get their money back. Also, it can be used to cover unpaid rent. By getting a modest amount of money up front and holding it, the landlord has money belonging to the tenant that can be used to repair damage or cover unpaid rent. If the tenant always pays rent and doesn't damage the property (beyond normal wear and tear), they get all their deposit back. The landlord can be more trusted to return the deposit because they are an easy target for the courts.
Can you be charged first and last months rent and a seurity deposit when renting?
It is very common for a landlord/rental agency to require first and last months rent and a security/damage deposit. Check local/state renters laws to ensure your rights.
Does renters insurance cover television damages?
If you have contents coverage on your renters policy, Not just liability for the landlord and the television was damaged by a covered peril then yes it would be covered.
What is retention money or security money?
When you rent an apartment, landlords usually ask for a security deposit equal to a month's rent. Renters can potentially cause all sorts of problems for landlords, they can damage the property that they rent, they can refuse to pay their rent, etc. This way landlords have at least some ability to penalize a tenant who causes these kinds of problems, by refusing to return the security deposit (in part or in full).
Do you have to give back the full security deposit if you dont have a renters permit?
If you rented out anything under false pretenses, and you took money, and it was illegal for you to be a landlord, that is called fraud. It is a felony in this state. If you keep the security deposit and do not give it back immediately that is called stealing. The amount you withold determines the length of your prison sentence. In prison, you get three hots and a cot.
Can a landlord enter a renters property while the renter is in jail?
not without the renters consent or unless the landdlord has cause to believe there are damages or illegal activities and then they must have police present
Why can a landlord ask for a deposit from some renters but not all renters Isn't that discrimination?
Yes, but most discrimination is perfectly legal. He can't, for instance, require all his black tenants to pay a deposit, but non of the white tenants. But, he can rent two apartments to two brothers, and tell one that he has to pay a deposit, but waive it for the other.
Can you get in an apartmentwith a credit score of 524?
Yes, you can still get an apartment with a very low credit score but you may be required to pay a higher security deposit on top of your initial rental payment. You can also search on Craigslist for renters who may not be doing any credit checks.
Can a landlord keep a tenant's deposit for something the tenant did not intend to do to hurt the property?
The Landlord can keep the deposit for any damage. No matter who or how it was caused. You should have renters insurance to take care of anything like this.
What is the cost of a general liability insurance policy purchased by a renter to protect the owner of a dwelling from the actions of the renters pet?
It doesn't. Neither Homeowners insurance nor Renters insurance provides coverage for damages incidental to or resulting from from our election of pet ownership.
How long does a landlord have to return a security deposit in the state of Arizona?
In Arizona, a landlord can ask for a security deposit equal to one and a half months rent. Once the tenant vacates the property, the landlord has 14 days to return the deposit. If any part of the deposit is kept, an itemized list must be included.
