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Updated over 1 year ago on . Most recent reply

User Stats

140
Posts
27
Votes
Peyton LaBarbera
  • Investor
  • Connecticut
27
Votes |
140
Posts

Security Deposit Question:

Peyton LaBarbera
  • Investor
  • Connecticut
Posted

How do I go about sending a tenant's security deposit back to them?

Money Order? ACH bank-to-bank transfer through a platform such as Baseline? 

Or another way?

Most Popular Reply

User Stats

243
Posts
132
Votes
Laura Stayton
  • Property Manager
  • Delaware
132
Votes |
243
Posts
Laura Stayton
  • Property Manager
  • Delaware
Replied

You need to look at the Landlord tenant code for the county/state you're in to see how you're obligated to send the deposit back.  In DE we must send a letter within 20 days of move out by certificate of mailing itemizing any deductions against their deposit or if none saying this represents the return of your deposit in full etc with a check to the forwarding address provided to you by the tenant.

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