Security Deposit Return Letter Template. You can use security deposit return letter readily without going through any complicated process. The letter is addressed to the former tenant and includes the amount of security deposit being returned as well as any deductions to repair the property.
Providing a financial statement is the recommended way of settling the return, where the landlord can show in a more detailed manner the same information. However, if you fail to clear the debt, then the loaner has the complete right to seize your property and use it as he could, please. Usually, it is a period of 10 days before which the tenancy dispute for the security deposit can’t be opened.
If you want your tenant to have a written notice about the security deposit’s return, then it will be best if you can create a comprehensive security deposit return.
Dear [tenant’s name], this letter concerns your security deposit in the amount of [amount of the total deposit] for the premises located at [address of the property] during your lease period of [start and end dates]. Lee woods 10 howell street sacramento, ca 00000. Security deposit return letter template. It’s basically a detailed receipt.