How to Protect Your Security Deposit
Security deposits are fees of insurance assessed by an apartment manager. Unless the renter damages the property, the security deposit is usually refunded at the end of the lease term. In order to insure the return of your security deposit, follow these helpful tips.
Cleaning and repairing your apartment before you move out is important; however, you also need to take steps to protect your security deposit before you move in.
- Make a written list of any damage you see in the apartment.
- Take photographs.
- Outline the exact condition you find the apartment in down to the slightest detail including chips in the pain on a wall or carpet stains.
- Make a copy of your written record as well as the photographs, keep a copy for your records and give one copy to the landlord.
- Ask for a receipt for the deposit and keep a copy of your cancelled check. Don’t pay the security deposit in cash as the paper trail Don’t pay for the security deposit in cash as a paper trail will be useful if needed.
Living in the Apartment
- Take care of your apartment as if you owned it.
- This includes cleaning (to prevent insect and rodent infestation).
- Make repairs as needed instead of waiting until you move out.
- If a repair is large enough or significant enough to require professional work, speak to your landlord before you do anything. Depending on the type of repair required, it may be covered in your lease.
- Pay your rent in full and on time and keep a record of each payment. If your rent is late, your landlord may charge late fees that may be deducted from your security deposit. This should be detailed in your lease agreement so make sure you read it in full and in depth.
Moving Out of the Apartment
Before you pack your stuff and hit the road, if you want to get your security deposit back, you’re going to need to do some work first. Follow these guidelines and you should get back most, if not all, of your security deposit.
In the Bathroom
- Scrub bathtub/shower.
- Scrub inside and outside of toilet (yuck).
- Clean sink.
- Dust and wash the medicine cabinet and mirror.
- Look for any signs of leaking water or mold growth.
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