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The letter should state whether the deposit is being returned in full, partially returned, or not returned at all. It should also explain the reason for any deductions. For example, if the landlord deducts money for damages, they should specify what those damages are.
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The only time a resident will receive a refund of fees is if their policy is early-terminated due to not moving in or if they have paid a traditional security deposit directly to the property. At that time, any unused portion of their payment will be refunded.
A: No. These are fees, not refundable security deposits paid into an escrow account. The only time a resident will receive a refund of fees is if their policy is early-terminated due to not moving in or if they have paid a traditional security deposit directly to the property.
Your security deposit demand letter should include the following information: Your landlord's name and address. Your lease date. The address and unit number of the rental in question. The state law regarding security deposits. Your reason for requesting that your deposit be returned.