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Updated over 1 year ago,
Anything to do when returning security deposit?
I had a situation recently where the tenant and I, mutually agreed that a move out was in their best interest. One of the conditions I agreed to was returning their full security deposit without condition after 10 days, once they move out.
I haven't done this before, so I will be giving them a check with a line in the memo saying the security deposit return and making them sign an acknowledgement that the security deposit has been returned in full.
Anything else I need to do when I return the security deposit?