Wisconsin Tenant Oriented Clause Providing for the Reduction of the Tenant Security Deposit

State:
Multi-State
Control #:
US-OL4A012C
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Description

This form is a tenant oriented office lease clause that 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.

How to fill out Tenant Oriented Clause Providing For The Reduction Of The Tenant Security Deposit?

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FAQ

S. 704.29. If you are moving out at the end of your lease, the landlord must return your security deposit, less any amount that may be withheld, within 21 days after you move out.

ATCP 134.09(2)(a)2. There are no state laws limiting the amount of a rent increase. If you are renting by the month, the landlord may terminate the rental agreement by giving you a written termination notice at least 28 days before the next rent due date.

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 statute of limitations for filing a lawsuit based upon a breach of contract in Wisconsin is 6 years from the date of the breach. So, the safest thing for a landlord to do is to keep a past-tenant's rental file, and specifically all the contracts, for at least 6 years from the date that the contract ended.

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.

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.

134.06(3)(c). The landlord cannot deduct cleaning costs, painting costs or carpet cleaning costs from a security deposit unless there was tenant "damage, waste or neglect." 2.

If a tenant remains in possession without consent of the tenant's landlord after termination of the tenant's tenancy, the landlord may in every case proceed in any manner permitted by law to remove the tenant and recover damages for such holding over.

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Wisconsin Tenant Oriented Clause Providing for the Reduction of the Tenant Security Deposit