|
|
Re: What process to go through in returning Security ?
by Garry
on January 30, 2021 @19:52
|
Only write the following on the check in the bottom notation ------ "Return of remainder of security deposit" You should send the former tenant a letter with the check inside it. The letter should be specific/detailed as to what you deducted from the deposit.
Name the various things you had to clean, repair, replace, etc, and attach a price to each item. Total them all up, and then show the original deposit, less the charges against the deposit. That should show the amount you are returning to the T in a check. If the T does not like the amount you returned, they have the option to either accept that amount, or take you to court.
95% of the time, if a LL returnes a portion of the deposit, the T will not spend the extra time and money to take you to court. And if the do take you to court, a judge will usually side with the LL. Just be sure you have all the charges well documented with pics and witnesses.
|
[
Reply
]
[
Return to forum
]
|
|
|
Look-up
Associations
Attorneys
Businesses
Rentals Available
Rentals Wanted
Realty Brokers
Landlord Articles
Tips & Advice
Tenant Histories
Other Areas
Q&A Forum
Free Forms
Essential Forms
Landlord Tenant Law
Join Now
Credit Reports
About Us
Site Help
|