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Most states require the landlord to place the deposit in an interest-bearing account, protected from his creditors.
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Meaning of security deposit?
A security deposit is an advanced deposit that is generally retained by the landlord during your tenancy. The landlord is obligated to return such deposit within 30 days with interest earned, if any, and/or an itemized list of expenses for which the landlord is offsetting the deposit amount (for which he wants to keep some or all of the deposit). The laws regulating such deposit varies between states under the Landlord/Tenant laws of that state.
Can you leave not pay last months rent let landlord keep security deposit without a lease agreement?
only if that is agreeable with landlord. A lease agreement without a lease is a verbal lease. Your last month's rent is not a security deposit.
Can your landlord keep a security deposit to paint an apartment after two years of occupancy?
Yes he can. It depends on the degree of damage done. A landlord shouldn't keep the deposit to paint if only usual wear and tear have occured. However, putting nail or pin holes may be enough for the landlord to justify keeping the deposit for damage beyong normal, permitted use.
When can a landlord take money out of a security deposit?
He can take it out after you leave and he finds that there has been damage beyond normal wear and tear.
Can a security deposit be used for rent?
security deposits protect the landlord if the tenant fails to pay rent or causes damage to the rental premises beyond normal wear and tear. a renter can not choose to pay rent with any portion of that deposit.
What can you do if your landlord refuses to give you back your security deposit because you lost your receipt?
If your landlord accepted the security deposit from you he must return to you unless he have legal grounds to keep all or part of the security deposit. I don't think that the loss of your receipt for the security deposit is enough to allow your landlord to keep it. Thus you can sue him.
Why would a landlord keep the security deposit?
A landlord will keep a security deposit if the condition of the rental property was damaged by the occupant in some manner. The security deposit is to cover the expenses of repairing the rental property after the tenant has moved out of the premises.
What if the new landlord tells you to find the old landlord to get back security deposit?
A new landlord has to have received the security deposit from the old landlord during the process of the closure of the sale of the property. The new landlord is responsible for that security deposit.
Why does a lease gives both the tenant and the landlord security?
A security deposit is a refundable deposit that a tenant pays to their landlord before they move into a property As long as a tenant abides by the terms of their lease, this deposit should be returned to a tenant when their lease has expired. There are certain situations where a landlord is allowed to keep all or part of a tenant's security deposit.
Meaning of security deposit?
A security deposit is an advanced deposit that is generally retained by the landlord during your tenancy. The landlord is obligated to return such deposit within 30 days with interest earned, if any, and/or an itemized list of expenses for which the landlord is offsetting the deposit amount (for which he wants to keep some or all of the deposit). The laws regulating such deposit varies between states under the Landlord/Tenant laws of that state.
Can a landlord keep security deposit for having a dog for days?
Not automatically. If the dog damaged property and the landlord had to have it fixed, yes. If your lease states that you are not allowed to have pets, he may keep the security deposit to replace carpet, have flea exterminators, etc. when you move out. However, if neither of these is the case, then he most likely cannot keep the security deposit.
Can your landlord keep your security deposit because of a stove fire?
They can if the fire was the tenant's fault.
Can landlord keep security deposit when you take in a stray cat?
Most landlords require a "pet deposit" in addition to your initial security deposit. So, if you get a cat, without permission from your landlord, then yes, they can deduct from your security deposit, the amount that you would have paid for the pet deposit. Also, they may be able to evict you, if they find out you have an unauthorized pet.
Can a landlord in Connecticut charge first last and a security deposit?
Yes, a landlord in Connecticut can charge first, last, and a security deposit to renter.
If you live in a house and it is sold does the old landlord have to give you back your security deposit?
No. In the estoppel that your old landlord signs to the new landlord the security deposit is turned over to the new landlord, who keeps the deposit where it is now, or tells you where your deposit will be located.
Can you leave not pay last months rent let landlord keep security deposit without a lease agreement?
only if that is agreeable with landlord. A lease agreement without a lease is a verbal lease. Your last month's rent is not a security deposit.
Does landlord have to cash security deposit check?
no.
