Will Tenant A receive their security deposit back from Landlord A?

Full question:

Tenant A fulfilled the terms of the lease agreement with Landlord A. Tenant A gave Landlord A 30 days notice, kept the property in excellent condition, returned the keys and left a forwarding address. Tenant A is expecting the security deposit to be refunded, but Landlord A has not refunded the security deposit nor discussed it with Tenant A. Will Tenant A receive the refunded security deposit and when?

Answer:

In most states, Landlord A has 14 to 30 days to refund the security deposit to Tenant A or to provide an itemized statement of any deductions. If Landlord A fails to do so, Tenant A can contest the retention of the deposit in small claims court.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

In general, once a lease is signed, both the landlord and tenant are legally bound to its terms. However, a landlord may back out if there are specific conditions in the lease that allow for termination or if both parties mutually agree to cancel the lease. It’s important to review the lease agreement for any clauses regarding cancellation. If a landlord tries to back out without a valid reason, the tenant may have legal grounds to enforce the lease or seek damages.