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Security deposit settlement in Michigan
by Frank
on July 29, 2015 @13:42
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Two partners recently moved from a rental home, they wanted to do a walk through with us, however I refused due to the fact that they were confrontational, and simply looking for a fight. Once they moved they left a note with a bogus forwarding address on it (one of their friends homes) At this point, what is the process for the security deposit settlement. They left a large water bill due, as well as wall damages, unclean interior, and an outside that will require a lot of overgrowth cleanup.
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Re: Security deposit settlement in Michigan
by Joel
on July 29, 2015 @14:38
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Send your security settlement statement with proof of mailing to the address given.
If they never get it, it will likely come back to you.
Protect yourself.
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Re: Security deposit settlement in Michigan
by Garry (Iowa)
on July 29, 2015 @15:15
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Start the repairs and cleanup right away,and pay the water bill. Then deduct all charges from their deposit, and send the sec. dep. statement within your states time frame, to the address they left you. Send it certified mail, so it will come back to you if its a fake address and undeliverable.
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Re: Security deposit settlement in Michigan
by MrDan (Georgia)
on July 30, 2015 @08:40
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As a landlord, you should really know your State landlord Tenant laws. Michigan laws dictate the proper procedure for a landlord to follow in handling security deposits. Improper actions subject the landlord to double damages, court cost and attorney fees, which will be greater than most security deposit disputes.
Your State requires statutory notices on the 'security deposit statement', time limits to respond to tenant security deposit disputes and the requirement to file suit within 45 days to retain the any disputed security deposit monies. Also what can be claimed against the deposit and what is not allowed (Cleaning fees are prohibited).
Whether the address the tenant gave you is 'bogus', is not for the landlord to decide, but it does meet the tenants obligation to provide an address to the landlord. Your failure to follow State laws on the landlords part is whats most important. Any improper procedure on your part can be very costly.
Some of the requirements a Landlord must provide in a specific statutory notice to tenant in writing;
* Landlord’s name and address
* Where tenant’s security deposit will be held (name and address of the financial institution)
* Notice of tenant’s duty to provide forwarding address within 4 days of move-out.
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