Our final blog post in the series on security deposits will discuss a tenant’s options if he or she feels their landlord is wrongfully deducting or withholding the security deposit after move-out.
In our last article in this series, we provided some recommendations for what a tenant should look for in a rental unit before the rental period begins. Now let’s focus on what happens when it’s time for the security deposit to be returned.
By requesting a move out inspection PRIOR to the move out, a tenant gets the chance to try and make some the repairs or do the cleaning before the landlord deducts the costs of repair/cleaning from the security deposit. Here’s how it works:
Landlords often ask tenants for a deposit, or “security deposit”, as a condition of moving into a rental unit. The landlord holds the deposit to safeguard his property against the potential risks of allowing a tenant to live there. At the end of the tenancy, the landlord may lawfully elect to use part or all of the security deposit to pay for:
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