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Allowable Deductions Once the lease has ended, the landlord can use the security deposit to cover any of the following: Unpaid rent. Established charges covered in the lease agreement. Nonrefundable fees or deposits, which would need to have been stated as "nonrefundable" in the initial agreement.
What is the 'make good' clause? 'Make good' refers to the clause/s in a lease that set out how a tenant should leave a property at the end of the lease term. Basically, when the day comes to hand back the keys to the landlord, the property should be in the condition that is stipulated in the lease.
Both federal and Arizona law prohibits landlords from refusing to rent to an individual because of his or her race, color, religion, gender, familial status, disability, or national origin.? If you have been denied a rental and you believe it may be for one or more of these reasons, you may have legal recourse.
The following are some of the legally justifiable reasons to deduct part or all of your tenant's deposit: Tenant's failure to pay utilities. A tenant must clear all utility bills in their name before moving out. ... Cleaning cost. ... Damage exceeding normal wear and tear. ... Unpaid rent. ... Early lease termination.
Make Good Costs means the reasonable costs required to repair the Facility and return it into a useable area based on a ?like for like? replacement of any damaged materials.
Examples of 'make good' provisions include: If a tenant rents the premises as a shell, their 'make good' obligation could involve stripping all fixtures and fittings, removing staircases, and returning the premises to the landlord as a shell (sometimes also referred to as decommissioning obligations)
A commercial make good provision is a clause in a lease that requires a tenant to return a property to its original condition before handing back the keys. Make good clauses require tenants to remove their property from the space and leave the area clean and tidy.
For example, the original tenant might have put holes in the wall to make a new passageway or undertaken other major work on the property. At the end of the lease, the new tenant must fix those issues and return the property to the condition that it was in at the start of the lease.