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Security Deposit Return Letter

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Security Deposit Return Letter

Updated January 09, 2024

A security deposit return letter is sent to a tenant after a lease terminates that outlines their refund. If deductions are made, an itemized list of the damages should be included. This letter should be sent along with the refund amount.

Security Deposit Demand Letter – For a tenant requesting to get back their security deposit.

Sample

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SECURITY DEPOSIT REFUND LETTER

 Date: [DATE]

[LANDLORD’S NAME]
[LANDLORD’S ADDRESS]
[LANDLORD’S CITY, STATE]
[LANDLORD’S ZIP CODE]

1. LEASE TERMINATION.

Dear [TENANT’S NAME],

This letter acts both as a security deposit receipt and an itemized list of deductions, if any, regarding your lease terminated on [DATE] at [PROPERTY ADDRESS].

2. REFUND BREAKDOWN.

Original Deposit: $[AMOUNT]
Interest Accumulated: $[AMOUNT]
Deductions: $[AMOUNT]
Description of Deductions: [DESCRIBE]

Total Refund Owed: $[AMOUNT]

3. CONTACT.

If you have not already, please provide the best address or method to send payment. If you would like to dispute any of the deductions or have questions about the amounts provided, feel free to contact me anytime at the following:

Phone: [PHONE]
E-Mail: [E-MAIL]

Sincerely,

______________________________

Return Periods By State

Below are the maximum time periods the landlord has in order to return the deposit to the tenant in addition to where the law can be found (if applicable).