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Dear ____________:
My lease for ____________________ ends on _______________. When the lease started, I paid you $_______ as a security deposit. I request that a full refund of the security deposit be mailed to the following address: _____________________________ ___________________________________________.
Thank you for all your helpfulness during my tenancy. If you can do it, I would appreciate receiving my Security Deposit back within the next two weeks. If any portion of the security deposit is not returned, please send a written explanation detailing your reasons.
Thank you again for your help,
Best regards,
____________
Tenant
Security Deposit Refund, Request by TenantReview List
This review list is provided to inform you about this document in question and assist you in its preparation. Early submission of your request, and politely done (this is a Sales call, after all), will give you the best results. Keep a copy so you can mail it out in two weeks, with a notation “Second Notice” in handwriting, will help encourage compliance by the Landlord. Many Landlords try to “get away” with not paying Security Deposits back, especially if they only own a few units.
If the Landlord does not pay up in a reasonable amount of time, file a claim in Small Claims Court. Landlords usually lose on these kinds of issues plus get admonished by the Judge. So filing these claims can often result in a payment prior to any court appearance being necessary. In other words, your filing in Small Claims Court will leverage compliance by the Landlord.
Also, if the Landlord has tried to make unreasonable deductions, the act of filing in Small Claims Court will soften their approach to the deductions, knowing they will lose most of them if they go to courtgiven most small claim courts biases in favor of Tenants over Landlords.
What else can I help you with?
What is the purpose of a security deposit and when is the last security deposit typically due?
The purpose of a security deposit is to protect the landlord in case of damage or unpaid rent by the tenant. The last security deposit is typically due when the lease agreement ends and the tenant moves out.
How to return the security deposit to the tenant?
To return the security deposit to the tenant, the landlord should inspect the rental property for damages, deduct any necessary costs for repairs, and then provide the remaining amount of the deposit to the tenant within the specified time frame as required by the rental agreement or local laws.
Can you explain what first, last, and security deposit mean in terms of renting a property?
First, last, and security deposit are payments made by a tenant to a landlord when renting a property. The "first" refers to the first month's rent, the "last" refers to the last month's rent, and the "security deposit" is a refundable amount held by the landlord to cover any damages or unpaid rent at the end of the lease.
How can I ensure a smooth process for returning the deposit to the tenant?
To ensure a smooth process for returning the deposit to the tenant, carefully document the condition of the rental property before and after the tenant's stay, promptly address any damages or issues, and follow the legal requirements for deposit return in your area. Clearly communicate with the tenant about the return process and provide a detailed breakdown of any deductions made from the deposit.
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).
What does a landlord owe a tenant?
that the Landlord will follow the law. if the tenant leaves the house in good condition, the landlord must refund the entire amount of 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.
What is the purpose of a security deposit and when is the last security deposit typically due?
The purpose of a security deposit is to protect the landlord in case of damage or unpaid rent by the tenant. The last security deposit is typically due when the lease agreement ends and the tenant moves out.
What if tenant doesn't cash security deposit check within 30 days?
Then the Tenant can ask for the check to be refreshed. The deposit is the Tenant's money, not the Landlords.
How long can the landlord hold the security deposit after the tenant moved in the state of Florida?
In the state of Florida, the Landlord must either refund your deposit with in 15 days from vacancy or send to you a reason why they won't. You then have 90 days to bring a claim against them if you refute their statement, and the same for you to act on no notice. (if they didn't contact you with the refund or letter during the prescribed 15 days.) You can pursue the refund for a period of 6 months on or after the 16th day. This could also be extended by the jurisdiction if you are a service member for up to one year with proof of PCS.
What happens to a tenant's security deposit when the building is sold?
In most states the security deposit remains the property of the tenant regardless of who owns the building, and state laws may require the old landlord to inform the tenant who the new owner is and where the deposit money is being kept.
Your rental had a flood due to a faulty plumbing fixture The landlord and you agreed your family will move out as soon as possible What are your rights concerning your security deposit?
your security deposit is for DAMAGES caused by the tenant. Note this is major damages (broken windows, holes in the walls), not normal wear and tear. This flood was caused by faulty plumbing, not the tenant, so the tenant's security deposit should not be effected by this. Therefore the tenant should get his security deposit back, unless there were damages caused by the tenant themselves (not by the flood).
Is it legal for the tenant to hold your deposit till the lease contract is finished even if the contract is broken?
If the tenant broke the lease via a material breach, the tenant may forfeit his security deposit. However, if the landlord has breached the lease, he must return the full security deposit.
Can a landlord use last months rent as a security deposit in Arizona?
Yes, only if the Landlord accepts. This is usually a request by a Tenant that is most often denied by the Landlord.
How to return the security deposit to the tenant?
To return the security deposit to the tenant, the landlord should inspect the rental property for damages, deduct any necessary costs for repairs, and then provide the remaining amount of the deposit to the tenant within the specified time frame as required by the rental agreement or local laws.
In the State of Maryland how much time does a landlord have to return a deposit after the tenants vacate?
In the State of Maryland, a landlord has 45 days from the date a residential tenant vacates the premises to return any security deposit, minus any deductions for damage. Within 30 days of the date the tenant vacates, the landlord must notify the tenant in writing of any damage deductions being taken from the security deposit. If a landlord fails to return any portion of the security deposit rightly owed to the tenant, the tenant can sue the landlord for up to three times the amount of the security deposit that was wrongly withheld, plus attorney fees. Maryland has many online legal self-help resources on landlord-tenant law and other subjects. For a directory of these resources, visit the Maryland Courts Self-Help Directory related link.
Does a tenant lose their security deposit if the landlord sells the property?
No, not simply by virtue of a sale of the property. However, the tenant must take the necessary steps to safeguard their deposit. Security deposits are a complicated issue and state and local laws may vary regarding how they are to be managed. The tenant should always make sure to obtain a receipt for the security deposit at the beginning of their tenancy and keep that proof in a safe place.Generally, a security deposit is supposed to be kept by the landlord in a separate account during the tenancy. When the tenant moves, the security deposit can be used to repair any extraordinary damage to the property apart from normal wear and tear. If the landlord wants to keep the deposit, they must provide a detailed accounting to the tenant that lists any damage and the cost to make the repairs and provide that statement within a certain time period, typically 30 days. If the landlord fails to follow state law then the tenant will be granted 2 to 3 times the original amount as a refund if they take the case to small claims court.When a leased property is sold and the tenant plans to remain in the rental they should discuss the security deposit with the departing landlord and make certain it is turned over to the tenant or the new landlord. They should obtain a receipt that documents this changeover.If you have further questions you should contact your local landlord/tenant agency.
