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This letter is to notify you of damages to the property at (address) ________________________ that occurred during the time you occupied it, from (move-in date)_____________ to (move-out date)______________. To repair the below damages, $ _____________ will be withheld from your $____________ security deposit.
The statement must include the: Tenant's name and new address, or address he gave for return of the security deposit. Commencement date of the lease and date it ended. Amount of the security deposit when the tenant moved in. Amount of interest accrued.
Instead, include it as a liability on your balance sheet on the date you received it, since it's an amount you're planning to eventually return. When you report security deposits in your books, be sure to include key information such as date received, name of tenant, and rental property address.
When do I get my deposit back? The landlord has thirty days, unless your lease allows more time (not more than 60 days) to return the deposit or give you an exact and specific list of deductions. You must receive your deposit or an itemized list within that time.
Here are a few things to consider adding to your demand letter for property damage: Add as many details about how the property got damaged. ... Make sure to include exactly what you are demanding payment for. ... Include how you would like to receive payment.