This office lease clause states that the amount of the security deposit shall be reduced from 4 months' Base Rent to 3 months' Base Rent provided that certain lease conditions are met by the lessee.
Pennsylvania Clause Providing for the Reduction of the Tenant Security Deposit
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How to fill out Clause Providing For The Reduction Of The Tenant Security Deposit?
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FAQ
In Pennsylvania, a landlord must return the security deposit within 30 days of the end of the lease and the tenant moving out. Pennsylvania also requires security deposits over $100 to be deposited into an escrow account.
You can file a civil complaint with the Magisterial District Court and sue the landlord for double the amount of the security deposit (including interest, if applicable).
Pennsylvania law limits the amount of security deposit a landlord can demand. During the first year of the lease, the security deposit cannot be more than two months' rent. A landlord might ask the tenant to pay a security deposit plus ?the last month?.
The following are the only allowable reasons for security deposit deductions, as per Pennsylvania security deposit law: Unpaid rent. Lease violation by a tenant. Cost of damage exceeding normal wear and tear.
Under the right to a safe and habitable home, a landlord cannot force a tenant to move into a home or unit ?as-is? and cannot demand that the tenant be responsible for repairs. To be safe, and habitable, a unit or home should have: Working smoke alarms. Working hot water.
Are Landlords Allowed to Charge a Cleaning Fee in Pennsylvania? Yes; however, you can only do so if it is necessary to restore the rental unit to its original state. Beyond that, if the lease permits it, you may only deduct a cleaning fee from the tenant's security deposit.
During the first year you live in a place, your landlord can charge no more than two months' rent as a security deposit. Second Year. After you have rented a place for more than one year, the landlord can charge no more than one month's rent as a security deposit.
Pennsylvania landlords are allowed to charge a cleaning fee. However, this must only be a necessary step to bring the rental unit to the same state it was when the tenant was moving in. Beyond that, a landlord can only charge the tenant a cleaning fee against their security deposit if the rental agreement allows it.
The landlord must refund the tenant's deposit if no deductions have been made within 30 days after the lease termination. Even if deductions have been made, the landlord must reimburse the lessee for the remainder of the security deposit within 30 days.
