Did you know... September 8, 2014


The purpose of a tenant deposit is to protect the landlord from damage or loss caused by the tenant. The tenant is responsible for returning the property in the same condition, less normal wear and tear. If the tenant damages the property, the landlord can charge the tenant the reasonable cost to return the property to the same condition as first leased.  Please note that some expenses will need to be depreciated based on the age of the item being replaced.  Some landlords want to, in essence, charge tenants for damage without doing the work to remedy the problem. The courts don’t like these sorts of punitive fines. Judges want to see copies of invoices for work done if the tenant is charged for damage.

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