Albuquerque New Mexico Move out notice to landlord/Request for return of security deposit

• Category: Landlord Tenant - Notices and Letters
• State: Multi-State
• City: Albuquerque
• Control #: US-42005-CL
• Format: Word; Rich Text

Description

When it’s time for a tenant to move out, there are several requirements that you will need to fulfill as a landlord. Some of these rules will apply in most situations involving the end of a tenancy, whereas others will only come into play in the event of a disagreement. One of the best ways that you can prepare for any situation that arises at the end of a tenancy is to have a detailed and consistent process that you follow with all tenants when they are preparing to move out. This helps to eliminate confusion and miscommunications by setting clear expectations, and also helps to protect you in the event of a legal dispute. The rules for returning security deposits can vary by state, but a few general principles apply in most places. For example, while you usually can deduct from the security deposit for actual damage to the unit, you cannot usually take money out for ordinary wear and tear. The longer a tenant has been there, the more wear and tear there will be; for shorter term tenants who do more specific damage it may be easier to make security deposit deductions.