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LAWSUITS NEWS & LEGAL INFORMATION

Security Deposits

Security deposits are meant to insure against the contingencies of unpaid rents, tenant-inflicted damages, and unclean premises at the termination of the lease. However, the security deposit has evolved into a bonus kept by the landlord upon termination of the lease agreement regardless of the damages actually sustained. In reality, any balance of the security deposit remaining after the payment of actual damages must be returned to the tenants, along with an itemized statement indicating the portion of the security deposit the landlord plans to retain. If the landlord fails to furnish the tenant with an itemized statement, within three weeks after the tenant has vacated the premises, the landlord must return the tenant's entire deposit.


Register your Security Deposit Complaint

If your security deposit has not been returned in full, you may qualify for damages or remedies that may be awarded in a possible lawsuit. Please click the link below to submit your complaint and we will have a lawyer review your security deposit complaint.

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READER COMMENTS

Posted by
Pennsylvania
on
I returned the partial security deposit refund because of failure to provide actual cost of repairs for a burned counter top that still has not been repaired. My lease terminated on January 31, 2007 although I vacated the premises in December 2006 when I purchased a new home.
A new tenant moved into the property in January with my permission before my lease terminated. I have been accused of harrassment for requesting a refund of my security deposit less actual costs for repairs.

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