Can I Withhold a Deposit on a Rental if Any of the Lease Is Broken?
A tenant pays the security deposit to the landlord when moving into a house or apartment. The security deposit is an advance rental payment in addition to the first months rent. The landlord returns the security deposit to the tenant when the tenant vacates the rental unit. The tenant usually receives the full security deposit if the house or apartment is in the same condition as when first rented, taking into account normal wear and tear. If the tenant has broken the lease, the landlord might withhold part or all of the security deposit.
Collecting the Security Deposit
The laws and rules about security deposits differ by state. In many states, the maximum security deposit is equal to two months of rent for an unfurnished house or apartment. Some states require the landlord to deposit the security deposit in an escrow account and pay interest to the tenant.
Returning the Security Deposit
Many states require a landlord to return the security deposit within 21 to 30 days of the tenant moving out of the rental unit. If the landlord retains part or all of the deposit, an itemized statement is mailed to the tenant along with any remaining security deposit. Often a landlord and the tenant create a written document along with photos at the beginning of the tenancy describing the condition of the house or apartment. The condition of the house at the end of the tenancy is compared to the initial document.
Deductions from Security Deposit
Laws in most states allow a landlord to deduct damages from the security deposit. Most leases require the tenant to maintain the rental unit in a clean and sanitary condition. If the tenant moves, leaving the house or apartment in a dirty condition, the landlord cleans the unit and deducts the cost from the deposit. If the tenant or anyone else in the house damages the rental unit, the landlord pays for the repairs and deducts the cost from the deposit.
Unpaid Rent
When a tenant breaks the lease by moving out early, the landlord usually deducts the missing rent from the security deposit. If the lease requires the tenant to pay all or part of the utilities and the bill arent paid, the landlord pays the bills and deducts the amount from the deposit. If the security deposit does not cover the damages, cleaning or unpaid rent, the landlord may sue the tenant.
What to Expect if You Have a Broken Lease With an Apartment
ezinearticles.com Real Estate Leasing RentingDec 17, 2006 I have a broken lease! The vast majority of apartments will not work with you if you owe another rental property money or break a rental lease.
When can a landlord withhold a tenants' deposit? Private ...
advice.privateproperty.co.za/?p=4393Transcript: So the tenants deposit is held on behalf of the tenant, We must remember that it is his deposit that is held in trust and it is there to be used in ...
Chicago Security Deposit Law & Breaking a Lease
www.depositlaw.comSecurity Deposit Return? Need to break a Chicago lease? Most rentals of apartments, condo units, and single family homes are protected by the ...
How Many Days After I Sign an Apartment Lease Can I Break the ...
www.ehow.com Personal Finance Real Estate Renting a HomeHow Many Days After I Sign an Apartment Lease Can I Break the Lease?. Although some apartment leases are month-to-month, most leases are six months or a year in
Can i use security deposit for last month rent? - Yahoo! Answers
answers.yahoo.com/question/index?qid=20080916065654AABOzyQSep 16, 2008 I know that people do it all the time but if i use security deposit as last month rent can landlord still come after me or sue me for last month rent, even ...
How Can I Get Out of a Lease Agreement Early? (with picture)
www.wisegeek.org/how-can-i-get-out-of-a-lease-agreement-early.htmYou can usually get out of a lease agreement early, under certain circumstances. It's often possible to get out of your lease if...
Where can i get a sample lease termination letter for lessee ...
answers.yahoo.com/question/index?qid=20080922073734AADROWzSep 22, 2008 Best Answer: Dear [property manager name], I am writing you to inform you that we wish to terminate our lease early due to the ongoing dissatisfaction with ...
Do I need a written lease or rental agreement? - Nolo.com
www.nolo.com Signing a Lease or Rental AgreementQuestions: Do I need a written lease or rental agreement? What's the difference between a rental agreement and a lease? How do rent control laws work?
Frequently Asked Questions of the Housing Court Department
www.mass.gov Home Courts Trial Court DepartmentsThis is the website of the Massachusetts Court System. This site provides information and resources for members of the public and for attorneys.
Rental Agreement Tenant Rights Security Deposit
www.tenantsinfo.com/faq.htmlTenants Info provides information on Frequently asked questions like What is a 3-day Notice, Will I get interest on my deposit, How much can my Rent be Raised and ...
Free Landlord Forms
www.thelpa.com/lpa/free-forms.htmlFree landlord rental forms from The Landlord Protection Agency specializing in landlord - tenant situations & property management .
New York Tenant Rights to Withhold Rent or Repair and Deduct ...
www.nolo.com Legal Topics Renters' & Tenants' RightsNew York tenants are legally entitled to rental property that meets basic structural, health, and safety standards and is in good repair.
Atlanta Georgia Property Management Atlanta Homes For Rent ...
atlantahomesforrent.comAtlanta Property Management - Over 34 years experience providing high quality Atlanta homes for rent.
Maryland Attorney General - Consumer Publications - Landlord and ...
www.oag.state.md.us/consumer/landlords.htmLandlords and Tenants: Tips on Avoiding Disputes, a publication of the Maryland Attorney General's Consumer Protection Division.
Renting: Security Deposits - Colorado State University
www.ext.colostate.edu/pubs/consumer/09903.htmlA security deposit, damage deposit or cleaning deposit is money you pay to a landlord to cover damage or cleaning of rental property. A landlord cannot keep the ...
What Should I Do If My Tenant Breaks the Lease on My Rental ...
www.allbusiness.com/legal/contracts-agreements-real-estate/4107-1.htmlHaving a tenant break a lease can be a stressful experience. But by writing your lease agreement carefully, you may be able to head off problems before they ever arise.
How Long Can a Landlord Hold a Deposit? eHow
www.ehow.com Legal Other Areas of Law Real Estate LawHow Long Can a Landlord Hold a Deposit?. Landlords almost always require a security deposit as part of a rental agreement. This is the landlord's assurance that he ...
Places in Orlando, FL to Rent an Apartment With Bad Credit, Broken ...
ezinearticles.com Real Estate Leasing RentingFeb 15, 2010 Places in Orlando, FL to Rent an Apartment With Bad Credit, Broken Lease and Bankruptcy. By Jimmy Jamm
5 Reasons You Can Keep a Tenant's Security Deposit
landlords.about.com/od/Landlord101/a/Reasons-You-Can-Keep-A...5 Reasons You Can Keep a Tenant's Security Deposit Protecting Yourself From Broken Leases, Damage and Nonpayment. By Erin Eberlin, About.com Guide
Kentucky Landlord Tenant Guide - Tenant Net - Tenants and
tenant.net/Other_Areas/Kentucky/ltguide.htmlINTRODUCTION The purpose of this booklet is to provide information that will be useful to landlords and tenants in Kentucky. Much of this information is based on the ...
Security Deposits - housing_selfhelp - Judiciary of California
www.courts.ca.gov Self-Help Eviction & HousingA security deposit is any money a landlord takes from a tenant other than the advance payment of rent. The security deposit serves to protect the landlord if the ...
I am a new landlord, can you give me any tips? - Property Advice ...
www.ludlowthompson.com/property_advice/I_am_a_new_landlord_can_you...What every landlord wants is to let to a 'quality' tenant, quickly and for a good rent. This starts with making the right choice of letting agent to maximise your ...
Can I break lease/get paid for black mold in my apartment? -
www.worldlawdirect.com/forum/landlord-vs-tenant-issues/16306-can-i...Can I break lease/get paid for black mold in my apartment? This is a discussion on Can I break lease/get paid for black mold in my apartment? within the Landlord vs ...
Renters Rights: Taking on your landlord
ohiorentersrights.comRenters Rights: Taking on your landlord - ... This has been a great resource however I am having a hard time finding out if I have the right to see my electric meter.
0 komentar
Posting Komentar