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return of deposit money
S
Sandra P
started a topic
over 7 years ago
I have a Tenant that has violated her lease 3 times and has received notices, in my lease it states that if she violates any part of the lease her full deposit will be forfeited. Can I do this? Or do I have to itemize the cost to me of each violation, or charge a fee for each violation.
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B
Bea S
said
over 7 years ago
The security deposit is only used for damages, if the lease is violated and no damages are happening you would want them to fix the issue and then if they don't they will be evicted.
S
Sandra P
said
over 7 years ago
Hi Bea, May I ask if you are an attorney? I notice you seem to answer everyone's questions, and are you going by each parties state statutes? I thought in my situation that since state law says " per an agreement" which should mean that if I have it in writing and she signed it,I should be able to keep the deposit for all the letters, postage, worry and headache I have been through with the violations. Thanks
D
Darwin Q
said
over 7 years ago
I'm a landlord and own two rental SFH properties. If a tenant violates any part of our lease agreement I think the security deposit would be forfeited. As long as it is stated in writing I'm sure the judge (in the event the tenant takes us to court) will side with the landlord as the judge will go by whatever it is that we have in writing, and the tenant agreed to the terms outlined within the lease agreement.
M
Mary D
said
over 7 years ago
I am a landlord also in MN with 3 SFH properties. Read the MN statutes online and get familiar with them regarding security deposits. You can go here and print this all out for your ongoing reference needs.
https://www.ag.state.mn.us/Consumer/Handbooks/LT/default.asp
Minnesota statute language regarding Security Deposits: "The landlord can use it to pay for any unpaid rent or any money the tenant owes to the landlord under the lease or another agreement (e.g. water utility bills)." " The landlord may keep the amount necessary to repair any damage done to the unit by the tenant (beyond ordinary wear and tear) or to pay off other debts related to the tenancy, including any unpaid rent." "At the end of the tenancy, a landlord must return a tenant’s security deposit plus simple, non-compounded interest, or give the tenant a written explanation as to why the deposit (or any part of the deposit) will not be returned. The landlord must do this within 21 days after the day the tenancy ends, provided that the tenant has given the landlord a forwarding address." (it's only right to remind them to give you their forwarding address & why you need it) "Minnesota law allows a landlord to withhold from a security deposit only the amount necessary for unpaid rent, damages to the rental unit beyond ordinary wear and tear, or other money the tenant owes to the landlord under an agreement (e.g. water bills)." I would just give notice to this tenant who repeatedly violates the lease and be done with the relationship. Hopefully you do better with the next one.....
M
Mary D
said
over 7 years ago
Just another note continuing in the vein of my post above..... First off, always be professional , friendly-businesslike in manner in dealing with tenants. I always think it's better to not threaten violation breaking tenants with keeping their security deposit ( I always know it's out there, but they don't have to know what I'm thinking).....it's better to hold the carrot out there of how to receive back the largest amount of security deposit...work with them to get them out in the easiest & most painless way possible....encourage them to do a really great job of cleaning, etc upon moving out so they can get the largest possible amount of their security deposit back. If you have angry resentful tenants going out the door they may leave you with dirt, damage, more turnover headaches, court headaches and who knows what....and you don't want to be going to court for anything at all if you don't need to be...it's not worth it....it's better to get them out the door smoothly, hopefully with a lot of cash in their hand (security deposit) and as quickly as possible... Being a good Landlord sometimes means you can give yourself the ok to give a little to keep good tenants or to get tenants out the door smoothly so you can go on to the next contract.... Figure out when it's best to just cut bad or unpleasant tenants loose instead of fighting over money or the last month of two left on a contract with bad tenants.... Once I had tenants that turned out to be difficult & we just weren't seeing eye to eye. well-I decided to break down & allow myself the ok to end our lease (at their request) a month earlier than the lease agreement. It made both parties happy and I was pleased that they left the home immaculate & they were happy that they got nearly 100% of their sec dep back. They felt they won on their end because I allowed them out of the contract a month early with no penalty and they felt they humbled me & got the upper hand by that, but it also made them more apt to leave the property clean. No more headaches with them....it was a relief. And in the end, it's about preserving my property & income in the best & least painless way possible.
M
Mary D
said
over 7 years ago
Never tell a tenant they are not getting their security deposit back before they vacate. Never tell a tenant they will receive a specific dollar amount of their deposit back before vacating. Never commit to a dollar amount that repairs/damages will cost before they vacate. Just sayin.
D
Darwin Q
said
over 7 years ago
Very insightful information, Mary. I totally agree with everything you just stated.
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