When leaving an apartment, renters are expecting to get back the security deposit as long as they haven’t made any real damage to the apartment. However, this is not happening every time since there are different factors which are determining if the renter will get back the security deposit or not, this article will explain why the security deposit is a touchy subject.
Damage to apartment
If there’s a valuable damage done to the apartment such as breaking appliances and putting holes in the wall, the leasing agent may keep the security deposit until it’s determined the economic amount of damage done. Once the amount is determined and justified, the leasing agent will have the security deposit held by him until it’s repaired and give back the remaining part.
Before the renter vacates the property, it’s needed to clean the apartment or the leasing agents will charge additional cost which are going to be deducted from the security deposit. Renter must clean everything including bedrooms, bathrooms, and any other areas. Many leasing agents are performing some standard cleaning functions such as cleaning the refrigerator, repainting the walls and cleaning the blinds. Usually when these are required, there will be a fee for each of them. In many cases, the sum of each of those fees will result in an amount close to the security deposit amount. Sometimes, leasing agents will only allow one more hour of cleaning services to prepare the apartment for the next residents and they’ll add another hour of renting.
Reading the contract documents is highly suggested in order to get a large portion of security deposit back. Sometimes the terms of the apartment are forbidding to decorate the apartment, so it’s important to keep it in mind while living in the apartment because there may be applied additional costs in the long run for perceived damages.
It’s highly suggested to carefully review the contract documents before preparing to vacate the property to have enough time to clean and make repairs to the apartment in accordance to guidelines set by the leasing agent.