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.
Wisconsin Clause Providing for the Reduction of the Tenant Security Deposit
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US-OL4A012B
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How to fill out Clause Providing For The Reduction Of The Tenant Security Deposit?
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FAQ
Removal from premises The landlord may not confiscate your personal belongings, turn off your utilities, lock you out of your apartment, or use force to remove you. If the small claims court judge rules in the landlord's favor, the judge may issue a court order requiring you to leave the property.
The landlord is allowed to adjust the security deposit amount when rent has not been paid or intentional damage has been made to the property. The landlord should refund the balance to the tenant when the property is being vacated.
The landlord is responsible for cleaning the rental unit, although the cost will likely get covered by the previous tenant's security deposit. But if a tenant has already moved out and is unreachable, it is still the landlord's responsibility to ensure the unit is clean for the next tenant.
In Wisconsin, a landlord is allowed to charge a cleaning fee if the tenant agrees to it in the rental agreement or if the cleaning is required to return the unit to its initial condition past expected wear and tear.
Landlord Notice Requirements Wisconsin landlords cannot enter an apartment unless they give at least 12 hours notice to the tenant.
The law makes the landlord responsible if the pest problem was present in the home before renting and not disclosed. However, the tenant may be held responsible if the infestation is deemed their fault. Ultimately, you should consult your lease and an experienced attorney.
However, Wisconsin is considered a landlord-friendly state due to its lack of rent control laws. This means local governments can't enact rent control or regulate the rent or fees charged for a rental unit, allowing landlords to charge amounts based on market rates.
Returning security deposits (ATCP 134.06(2)) In that case, the landlord must return the security deposit within 21 days after the dwelling unit is re-rented. Any payment on starting a tenancy that is more than one month's prepaid rent is defined to be a security deposit.
