Addendum to apartment lease concerning security deposit.
Alabama Addendum To Apartment Lease regarding Security Deposit
State:
Multi-State
Control #:
US-895LT
Format:
Word;
Rich Text
Instant download
Description
How to fill out Addendum To Apartment Lease Regarding Security Deposit?
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FAQ
Rules surrounding returning a deposit If your landlord holds your deposit (so should be protected in the Insured scheme), the landlord should pay your deposit back within 10 days of your request for the deposit to be returned. A tenant cannot request the return of their deposit before the tenancy ends.
Normal wear and tear refers to gradual damage that you would expect to see in a property over time. For example, worn carpets, faded curtains and minor scuffs and scrapes on the walls are all things that are extremely difficult if not impossible to avoid over a period of months and years.
When the term fair wear and tear is used in lease agreements, it refers to the damage that happens through ordinary day-to-day use of the property, for example the carpet being worn from people walking on it. The term also refers to wear and tear due to exposure to natural forces, such as sunlight and rain.
When you leave, if you and your landlord or agent both agree on how much of the deposit you should get back, you should get it back within ten days of agreeing.
Additional deposits for pets, changes to the unit to accommodate the incoming tenant (e.g. handicap accessibility), or for tenant activities that increase liability risks are all allowed. Landlords are allowed to ask for first month's rent up front, separate from any deposits.
According to Alabama security deposit law, a landlord can charge up to one month's rent. At the end of the lease, the landlord has 60 days to return it (or pay double the original deposit if after) and may only deduct for rent accrued and damages in excess of normal wear and tear.
Normal wear and tear refers to minor issues that are the result of everyday living. Stains on the carpet, dings in the wood, fading wall paint, loose door handles, dirty grout, stained bath fixtures, and even crayon markings on the wall are all examples of normal wear and tear.
Most landlords understand that circumstances change and people sometimes are forced to walk away from previous decisions. Often, landlords can rent other units while waiting for you to sign a lease and do not lose money. So, in most cases, there is no problem in getting your deposit back.
Alabama landlords must itemize and return the security deposit within 60 days after the tenancy has terminated and the landlord has regained possession of the property.
Normal wear and tear refers to minor issues that are the result of everyday living. Stains on the carpet, dings in the wood, fading wall paint, loose door handles, dirty grout, stained bath fixtures, and even crayon markings on the wall are all examples of normal wear and tear.
