This office lease clause states that the amount of the security deposit shall be reduced from 4 months' Base Rent to 3 months' Base Rent provided that certain lease conditions are met by the lessee.
Clause Providing for the Reduction of the Tenant Security Deposit
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Multi-State
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US-OL4A012B
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FAQ
The cost of fixing any damages to the property caused by the tenant or the tenant's guests. The cost of cleaning the unit when the tenant moves out, but only to make the unit as clean as it was when the tenant first moved in (less reasonable wear and tear).
Security Deposit Received: $1,000. Interest on Deposit (if required by lease or law): $N/A. TOTAL CREDIT (sum of lines 1 and 2): $1,000. Itemized Repairs and Related Losses: Necessary Cleaning: Total Cleaning & Repair (sum of lines 4 and 5) $400. Amount Owed (line 3 minus the sum of line 6)
If an issue crops up after a lease has begun, you can still add a clause or addendum. You will just need to send your tenant written notice of the change, preferably with a lease amendment, and then get your tenant's signature on the new amendment.
Unpaid rent at the end of the tenancy. Unpaid bills at the end of the tenancy. Stolen or missing belongings that are property of the landlord. Direct damage to the property and it's contents (owned by the landlord) Indirect damage due to negligence and lack of maintenance.
Your landlord can still deduct from your deposit to cover the cleaning bill if the property is not cleaned to the level it was at and can prove it, though. So, it's still important to clean the property thoroughly before you move out.
I feel very sorry to inform you that your request for reducing the rent has been rejected. The company is already facing a financial crisis and in such situation, we cannot afford to give you any leniency in the monthly rent. The prices are final and non-negotiable. (Write your actual problems and situations).
5 Times a Landlord Does Not Have to Return a Tenant's Security Deposit. Breaking or Terminating a Lease Early. Nonpayment of Rent. Damage to the Property. Cleaning Costs. Unpaid Utilities.
The landlord is entitled to deduct from the rental deposit any expenses incurred repairing any damage to the property which occurred during the tenancy. The remainder of the money must then be refunded to the tenant no later than 14 days after the restoration of the property as dictated by the Act.
(Write your actual problems and situations). I hardly manage in this amount and I have loans as well to be paid. I am also in a miserable condition otherwise I would love to help you but I am sorry I request you not to expect any further reduction from the rent. I hope you will understand my concern.
