I WANT MY SECURITY DEPOSIT BACK NOW PHOENIX PROPERTY MANAGEMENT
My son and I were getting haircuts this past Friday. I was watching Judge Judy. We had the tenant taking the landlord to court for failure to properly return security deposit in a ressonable amount of time. The landlord accused the tenant of leaving his unit trashed so he kept the security deposit in order to make his unit rent ready. However, each state has their own laws regarding security deposits. Well, Judge Judy sided with the tenant because the landlord failed to properly send a Security Deposit Disposition Lette. So, she awarded the tenant twice the rent for damages. The landlord was shocked on the verdict. However, that was the law for that state. Yes, we have to follow the rule of the land when it comes to tenant/landlord disputes. Furthermore, the landlord failed to have proper documentation including move in/move out inspection with pictures to prove his case. Yes, the tenants know the laws better than the property owner.
Now, we deal with these type of scenarios monthly when it comes to Phoenix Property Management. Tenants must give us a 30 day written notice that they will be leaving their unit. Next, we will schedule a final move out inspection with the tenant present. Yes, the iPad is a great tool for this type of work.
TOP 7 REASONS LANDLORD HOLD MONEY BACK FROM SECURITY DEPOSIT PHOENIX PROPERTY MANAGEMENT
- Unpaid rent and late fees
- Damages to the unit
- Costs to clean the unit to make rent ready
- Unpaid utilities
- Yard maintenance
- Pool maintenance
- Unpaid HOA violations
Finally, we will cut the final security deposit minus deductions payable to tenant. We will certify mail the check along with a detailed SECURITY DEPOSIT DISPOSITION LETTER for all PHOENIX PROPERTY MANAGEMENT tenants. We have 14 days from the time the tenant officially moves out to respond to tenant's security deposit. Failure to follow the law will result in the owner paying double the rent amount to the tenant. I have seen this happen many times for property owners who do not know the law.
Precision Real Estate is a full service Phoenix Property Management company serving property owners from around the world.
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