Utah Lease Deposit Guarantee Bond

State:
Multi-State
Control #:
US-OL4A025
Format:
Word; 
PDF
Instant download

Description

This office lease guaranty lists the conditions of the principal's obligations held in this bond. If all obligations of this guaranty are performed and indemnifies and holds harmless the obligee from any loss, costs, and expenses incurred by the obligee as a result of any failure or default by the principal in its execution of the agreement, then this obligation shall be void; otherwise it will remain in full force and effect.

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FAQ

This could be a substantial amount of money if you leave several months before your lease ends. Your landlord will probably first use your security deposit to cover the amount you owe. But if your deposit is not sufficient, your landlord may sue you, probably in small claims court where the limit is $11,000 in Utah.

Rent and Fees Rent Due Date: There is no statute in Utah specifying when rent should be due. Application Fees: Rental application fees are not regulated in Utah. Rent Increases: Rent control is banned in Utah (US § 57-20-1). Late Fees: $75 or 10% of monthly rent, whichever is greater (US § 57-22-4(5)(a)).

There are no specific statutes that provide a definition of wear vs tear, but in most cases any deterioration that occurs naturally as a result of correct and regular use by the tenant without negligence is considered wear.

Utah tenant - landlord law prohibits housing discrimination under the Fair Housing Act. This means that tenancy may not be denied based on race, color, national origin, religion, sex, familial status or disability.

Yes, landlords in Utah can charge a cleaning fee. However, it must be included in the rental agreement and signed by the tenant. The exception is if cleaning is necessary to return the rental back to its original condition (minus any expected wear and tear).

Deductions from deposits payment of rent, damages beyond reasonable wear and tear, cleaning, and. other costs provided for in the contract.

The landlord must refund the deposit within 30 days after the tenancy has ended. The refund must be delivered to the tenant's last-known address. The tenant should be sure to notify the landlord of their current address.

Yes, in Utah, landlords can charge for painting, except for normal wear and tear. For example, if the tenant: Causes damage beyond normal wear and tear. Repaints the wall but is not permitted to do so under the lease agreement.

You may, however, not without the security deposit for damages resulting from normal wear and tear. Examples of normal wear and tear include: Small scuffs from normal daily living. Fading from sun damage.

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Utah Lease Deposit Guarantee Bond