Ask Experts Questions for FREE Help!
Answer   ||    Advanced Search

Ask your question or search...
International Sites: Nederlandse experts vragen
User Name 
Password 
Join   Forgot password? 

Home > Law > Real Estate Law   »   How should damages be deducted from security deposit?

Question
 
 
#1  
Old Jul 19, 2007, 07:43 PM
froggy7's Avatar
froggy7
Ultra Member
froggy7 is offline
 
Join Date: Jan 2007
Posts: 1,810
froggy7 See this member's comment history on his/her Profile page.froggy7 See this member's comment history on his/her Profile page.froggy7 See this member's comment history on his/her Profile page.
How should damages be deducted from security deposit?

I'm wondering about some hypotheticals, just because I've never been in this situation, and I'm not sure what the law is. I'm going to start with the obvious, and work my way up to the one that I am not sure about. So, opinions/comments are welcome.

Person A rents an apartment and puts down a $100 security deposit. They do no damage, and when they leave, they get their deposit back.

Person B rents an apartment and puts down a $100 security deposit. They fail to clean the stove when they leave, the landlord takes $40 out of their deposit, they get $60 back.

Person C rents an apartment and puts down a $100 security deposit and $100 pet deposit. They fail to clean the stove when they leave, the landlord takes $40 out of their deposit, they get $160 back. I am assuming in this case that the law looks at those two security deposits as essentially one lump sum of $200.

Person D rents an apartment and puts down a $100 security deposit and $200 pet deposit, of which $100 is non-refundable. They fail to clean the stove when they leave, and the landlord charges them $40. Does that 40 come out the non-refundable part of the pet deposit, essentially leaving the landlord $60 richer than they started? Or does it come out of the rest of the security deposit, so that the landlord winds up with $140 and the tenant with $160? Any way I look at it, it appears that the landlord is winding up better off than he started. So why don't more landlords allow pets?

Reply With Quote
 
     

Answers
 
 
Old Jul 20, 2007, 04:36 AM   #2  
Senior Member
Cvillecpm is offline
 
Join Date: Jul 2006
Location: VA
Posts: 553
Cvillecpm See this member's comment history on his/her Profile page.
Landlord C & D should increase the SECURITY DEPOSIT and not enumerate any part of the deposit as PET DEPOSIT - this way the WHOLE deposit can be used for ANY damage.

Many states DO NOT ALLOW any DEPOSIT to be titled NON REFUNDABLE which is why this won't work....landlords would be better to increase the monthly RENT and accept a pet.

I take dog/cat in my rental homes and get an additional $200 in my security deposit which means I take $1400 to $2000 of security deposit on well-behaved members of my tenant families.....there are no BAD PETS only BAD PET OWNER/TENANT
  Reply With Quote
 
     

Your Answer
Email me when someone replies to my answer
Join Login



Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Ask your question or search...



Similar Threads
Security Deposit
(0 replies)
first, last, and security deposit.
(1 replies)
Security Deposit.
(2 replies)
Keep Security Deposit
(3 replies)
Security Deposit
(4 replies)

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Search this Thread

Advanced Search

Bookmarks





Copyright ©2003 - 2009, Ask Me Help Desk.
All times are GMT -8. The time now is 10:46 AM.