Tenants can expect the landlord or Santa Monica Realtor to give them proper notice for returning security deposits and a proper accounting of what is returned. Landlords and Santa Monica Realtors are also required to follow state laws in providing a clear and timely account and amount to the tenant.
Deductions can be made from security deposits but these require written documentation as proof and explanation. These deductions must be made for the repair of damage to the units or excessive cleaning required after or during lease. It can also cover any unpaid amounts of the tenant.
The time frame for the return of deposits is different in different states but a common limit is 14-30 days after the tenant leaves, whether this is voluntary or by eviction. California has a limit of 21 days to return a deposit, including an accounting with estimates and reciepts for work completed.
Image via WikipediaMany a landlord has run afoul of these tough standards, and your Santa Monica Realtor can help simplify the process.
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