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Remember, they own the place, not you. Read your lease. Most lease agreements lay out specific requirements that need to be met in order for the tenant to get a security deposit refund on move-out ...
Examples of deductible damages include large or excessive holes in the wall, carpet stains, and broken doors and windows. [6] [7] If a landlord wrongfully withholds a tenant's security deposit, the tenant may be entitled to additional damages beyond the amount of the security deposit.
In this situation, the bank may charge an overdraft establishment fee, in addition to interest at the overdraft rate until the account is back in credit. If a cheque is dishonoured for any reason, the bank on which it is drawn must promptly return the cheque to the depositor's (payee's) bank, which will ultimately return it to the depositor.
The security deposit is often handled as an escrow deposit, owned by the tenant, but held by the landlord until the premises are surrendered in good condition (ordinary wear and tear excepted). In some states, the landlord must provide the tenant with the name and account number of the bank where the security deposit is held, and pay annual ...
Many of your tenant rights are spelled out in state or local laws. In a situation where you feel you are being treated unfairly for any reason, check with your state's laws on tenant and landlord ...
For the 10% of people who rely completely on cash, and the fifth who still bank in person, the disappearance of a branch can cause real problems.