Pennsylvania Security Deposit Withholding Letter

State:
Pennsylvania
Control #:
PA-9000LT
Format:
Word; 
Rich Text
Instant download

Description

This is a Landlord Tenant Closing Statement - Reconcile Security Deposit, where the landlord records the deposits and credits, less deductions from the credits or security deposit for delivery to the tenant. It is used to document for the benefit of both parties the monies held by the landlord and due to the landlord.


A security deposit is a payment required by a landlord from a tenant to cover the expenses of any repairs of damages to the premises greater than normal "wear and tear." Everyday usage is normal wear and tear, but excess damage is a debated definition. A security deposit is not the same as rent. It is money that actually belongs to the tenant but is held by the landlord for tenant-caused damages and sometimes past-due rent. Without the agreement of the landlord, a security deposit may not legally be used as the last month's rent.


Laws vary by state, but some states place a limit on the amount of a security deposit that a landlord may charge. Some states also regulate where residential security deposits must be kept and when interest payments on the security deposits must be made to the tenant. State laws also define the time period after the tenant vacates within which the deposit must be returned to the tenant.

How to fill out Pennsylvania Security Deposit Withholding Letter?

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FAQ

The first step: Inform your landlord of the problem in writing, and give them a reasonable amount of time and access to your home to fix the issue. If nothing changes, then you might consider telling your landlord in writing that you plan to withhold rent.

The statement must include the:Tenant's name and new address, or address he gave for return of the security deposit.Commencement date of the lease and date it ended.Amount of the security deposit when the tenant moved in.Amount of interest accrued.More items...

Today's date is date, and I have received no word from you. Therefore, I will expect my full deposit in the amount of $ by date of your choice. If I do not receive my deposit by date, I have the right to ask for twice my deposit amount in small claims court.

How to Write a Security Deposit Demand Letter with TemplateYour landlord's name and address.Your lease date.The address and unit number of the rental in question.The state law regarding security deposits.Your reason for requesting that your deposit be returned.Your contact information and forwarding address.

Landlords in Pennsylvania can only deduct money from your security deposit for damages to the property, unpaid rent, or the breach of a lease. If they do keep any of your security deposit, they have to give you a list of the deductions, as well as the cost of the repairs.

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More info

Under 68 P.S. §250. An explanation of Pennsylvania law regarding security deposits.If you've made deductions, you must still return the remaining portion of the deposit within 30 days of the tenant moving out. A tenant may not be evicted for any reason while he or she continues to make timely rental payments to the escrow agent. Specifically, in the first year of the tenancy, the security deposit may not exceed an amount equal to two months' rent.

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Pennsylvania Security Deposit Withholding Letter