Since this is an official letter, it should have a good form but it doesn’t have to be overly formal. While the home was in good condition, there are a few charges that I must deduct from the security deposit. The funds should be sent to an address given by the tenant and should be sent, by law, in accordance with the time period as mandated by the State. There is a sample refund letter below and how to handle when the tenant owes money from the deposit. On this website we offers you 10+ free security deposit return letter templates so you don’t go through the trouble of writing them from scratch.. Before moving into a rental property or residence the tenant is required to pay extra money besides the rent to the landlord as a security against any property damage. This letter: requests the return of the deposit. Attach copies of correspondence you have sent to your landlord and any other relevant evidence. September 15, 2018 thru September 15, 2020, Writing a Request Letter for Training Course [with Sample], Writing a Guest Speaker Request Letter (with Sample), Writing a Loan Request Letter to Employer [with Sample], Writing a Request Letter for New Computer in Office [with Sample], Writing a Shift Change Request Letter [with Samples], Writing an Eviction Letter (with Samples), Writing a Routine Inspection Letter to Tenant (with Sample), Writing a Rental Verification Letter (with Samples). This letter can be a simple document with a basic request for a refund. during your lease period of September 15, 2018 thru September 15, 2020. Because of this, I must deduct $500 from the deposit. Draft Letter to Tenant returning Security Deposit less Deductions A landlord has a right to deduct the amount of money from the security deposit of the tenant if the tenant has caused any genuine damages to the property of the landlord and for the amount of rent … It is usually taken out of the security deposit. It was a pleasure having you as a tenant. There were a few other damages in the home. The security deposit demand letter is a request that is made by a tenant reminding the landlord to repay the funds that were paid at the beginning of the lease term. A refund in the amount of $225.34 is enclosed. If you're a landlord, a Security Deposit Return Letter protects you and shows you've met legal responsibilities. Landlord tenant laws can get pretty picky and it is best to make sure some form of documentation is provided. Don’t forget the inventory. If the cost to the tenant is higher than the security deposit, include information about where the amount due should be sent. If your previous landlord does not follow this regulation, you should write a letter requesting a refund of your security deposit. Remember, you must fill in the correct details per the lease contract. The landlord needs to have the damage repaired before he or she can rent to another tenant. A landlord will need to write a letter to a tenant for damages when some or all of their security deposit will not be returned. Landlords Usually have 30 Days to Return Security Deposit Once a tenant has moved out, most states give the landlord thirty days to return the security deposit, or a written explanation why it is being withheld. A landlord can also use a security deposit return receipt or a financial statement to show the same information. If this doesn’t get results, a demand letter for return of security deposit will be required. It is sent if, within a specified period after the end of your lease, you have not received your deposit. 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