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.
West Virginia Clause Providing for the Reduction of the Tenant Security Deposit
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How to fill out Clause Providing For The Reduction Of The Tenant Security Deposit?
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FAQ
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.
Security Deposits A state law passed in 2011 now requires landlords to return damage deposits in full or send a written notice itemizing any alleged damages within sixty (60) days after the tenant moves out.
You will need to bring as much documentation as possible to court. This should include cancelled checks, the lease, any move-in or move-out inspection reports, pictures, and witnesses. If the landlord fails to handle the refund of the deposit ing to law, the landlord may have to pay your attorney's fees.
Not Refunding the Security Deposit Letter Template You submitted a security deposit totaling, [Security Deposit Total Amount], for your lease term beginning in [Lease Start Date] and ending [Lease Term End Date]. As a result of [Provide Reason], your security deposit will not be refunded in full.
You may file an administrave complaint with the Virginia Fair Housing Office (VFHO) or with the U.S. Department of Housing and Urban Development (HUD) within one year of the last date of the discriminaon. Upon request, HOME can provide assistance drafting your complaint.
§37-6-30. Landlord to deliver premises; duty to maintain premises in fit and habitable condition.
Unpaid utilities: In Virginia, a landlord may withhold a portion of the security deposit to cover utilities and other bills on the rental unit, such as water and electricity. Excessive property damage: Damages that are not part of the normal wear and tear should be accounted for by the tenant.
If there has been excessive wear-and-tear to the property for the length of time it was rented, it is possible for the landlord to charge the tenant for repainting after they move out. If the amount of wear on the walls and paint is normal, then the landlord cannot charge the tenant for repainting after they move out.
