Security Deposit Return Letter Free
When A Landlord wants to return the security deposit to the former Tenant, he can use this Security Deposit Return Letter.
Template Overview
When A Landlord wants to return the security deposit to the former Tenant, he can use this Security Deposit Return Letter. Moreover, if the Landlord needs to make deductions from the deposit for appeared issues or lack of sufficient notice from the Tenant before the vacating premises, this letter also can be a handful tool for the Landlord.
You fill out a form. The document is created before your eyes as you respond to the questions.
At the end, you receive it in Word and PDF formats. You can modify it and reuse it.
How to use this template
In the letter, the Landlord can describe the location of the rental property, the security deposit's amount, and whether the full amount will be returned to the former Tenant. If not, the Landlord should specify the reason why the amount of the deposit is not fully returned. This can be a failure of the Tenant to keep the premises clean, lack of sufficient notice before vacating the property, failure to return the keys, or other.
Additionally, the Landlord has to describe how much of the deposit the Tenant will be getting back and in what way the refund will occur.
The Landlord should send a completed document to the Tenant via certified mail.
Applicable law
Specific state laws govern the return of security deposits. Nearly all states require that Landlords return security deposits to their Tenants from two weeks up to sixty days depending on the state, and provide an explanation for any deductions made from the deposit. State housing bureaus and tenants' unions have information about the specific requirements for each state.
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