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Leasing Issues
Return of security deposit after at/after vacancy
B
Bruce E
started a topic
about 10 years ago
My tenants showed me the 'lease' they signed (that I prepared) and it stated, to my surprise, that ALL money is to be returned to the tenant upon vacating! I have looked through the CA Residential Lease Package here on EZ Landlord Forms and have not seen that statement printed anywhere. I also looked at the lease copy I had given them and nowhere does it state that as well. Unfortunately at that time I had to because it was there in writing. I am wondering if they created a look alike lease to fool me. Does anyone have any idea if this line of wording would even be in a lease agreement when it's obvious that one has to look over the rental to see what repairs need to be completed. I know typically it's up to 3-4 weeks to return funds. Thanks in advance.
1 Comment
H
Holly B
said
about 10 years ago
I'm not sure where they got that lease or how they made changes, but in California landlords have 21 days to return the security deposit with a list of deductions if any. Returning in on the spot makes no sense, because you have to assess damages, plus calculate interest. I hope everything works out for you. Good Luck
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