Keybank deposit slip template, Lanlord or tenant Law isn’t among my general areas of practice, but like every lawyer, I’ve friends who frequently ask my advice about legal issues with which they are confronted. Recently, a friend asked for my help in corresponding with her former landlord seeing fees taken out of her rental safety deposit she felt were unwarranted.
As landlord/tenant issues are among the most frequent legal questions I get from friends, I’d like to discuss rights and responsibilities regarding security deposits in this informative article. At the end I shall include a sample letter you can send to a landlord for return of your deposit. Please note all info in this post is specific to California law. The laws of your state or jurisdiction may differ. Many nations provide tenant’s handbooks that would include important laws, or you should contact an attorney licensed in your jurisdiction for assistance.
A landlord has 28 days to enroll a deposit with a custodial or insurance type strategy. Information concerning the registration of this deposit must be provided to the tenant. Under the Housing Act there is a prescribed format for information to be provided. The landlord could be taken to court by the tenant where the information hasn’t been provided in the correct format. Tenants have the right to return six years before taking action against the landlord.
Where the landlord fails to enroll the bond you will find hefty penalties. The landlord can be required to pay the tenant a sum three times greater than the deposit; or they can be required to pay back all rent plus a penalty or the landlord could eliminate the right to evict the tenant in the property the decision on the fee is accepted by the court. Some landlords say they do not take deposits that they just ask the tenant to pay two weeks rent in advance. If the tenant pays rent monthly along with the landlord always has a float of one month’s lease this is the same as taking a deposit along with the rules concerning failure to enroll a deposit will apply.