Kentucky Sample Letter for Deposit of Funds
Description
How to fill out Sample Letter For Deposit Of Funds?
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FAQ
Kentucky landlord tenant law does not dictate a maximum amount for the security deposit, but the landlord must deposit the security deposit in a separate account used only for the purpose of holding the security deposit.
Under Kentucky landlord-tenant laws, security deposits cannot be mixed with other funds and must be kept in separate accounts with any Kentucky bank, US government agency, or lending institution. Tenants must be made aware of the name, location, and account number of the separate account.
Dear [Landlord's Name], I am writing to request that you return my security deposit in the amount of $_____. I vacated my rental unit at [rental address] on [move out date] and left it in excellent condition, which you acknowledged on our final walkthrough.
The landlord cannot increase the rent, decrease the services provided, or evict a tenant for asking that repairs be made or for notifying Code Enforcement of defects in the property. 3. The right to a rental unit that is habitable and compliant with all building and housing codes (KRS 383.595).
How to write a security deposit return letter Landlord's name and contact information. Tenant's name and contact information. Date of the letter. Amount of security deposit being returned to the tenant. Breakdown of any deductions made from the security deposit, including an explanation for each deduction.
Security Deposit (KRS 383.580) Landlords must keep security deposits in a separate account. Tenants must be notified of the location of the account and the account number. If a landlord fails to maintain a separate account, the landlord is not allowed to keep any portion of the security deposit.
It refers to the deterioration of the premises that occurs during normal conditions where the tenant cleans regularly and cares for the premises reasonably."
