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Updated about 9 years ago on . Most recent reply

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19
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3
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Jody Davis
  • Investor
  • West Point, MS
3
Votes |
19
Posts

Security Deposit - what to take out

Jody Davis
  • Investor
  • West Point, MS
Posted
What do you guys typically take out when returning deposit to tenant, assuming no expenses for damages beyond normal wear and tear? Such as cleaning, and the like. I'm struggling to find information on this. Thanks a lot.

Most Popular Reply

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1,675
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840
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Jim Adrian
  • Architect
  • Papillion, NE
840
Votes |
1,675
Posts
Jim Adrian
  • Architect
  • Papillion, NE
Replied

You should have a "Condition of Property Assessment" article in your lease.  This defines values of fees for the items.  Here is my basic list. Excuse the formatting from cut and paste from Word.

Assigned Assessments:(if applicable)Assessment Charge:

  1. All fuses to be working and properly sized$2-5
  2. Refrigerator to be clean$75
  3. Range/Oven to be clean$75
  4. Bath/s to be clean$25 per fixture
  5. Painting of Woodwork fee$30/sq ft
  6. Garage to be cleaned out of trash & swept out$25
  7. Driveway to be clean of oil and debris$25-50
  8. Gutters to be cleaned$75
  9. Yard to be mowed & trimmed properly including shrubs/bushes$40+
  10. Walks & drive to be clear of ice and snow$50
  11. Furnace filter/s to be replaced$50/filter
  12. Humidifier filter/s to be replaced$30/filter
  13. All light fixtures are to have the proper sized working light bulbs$10/bulb
  14. House to be in good clean condition$100-200
  15. Attic Ventilation – Repair (per Care of Premises)$200+ minimum
  16. All trash to be removed and hauled out$25-cost
  17. All keys to be returned$10/key
  18. Carpet replacement$15 sq yard
  19. Carpets to be professionally cleaned$75+
  20. Carpet stain removal$15/stain
  21. Basic Labor Hourly rate for repairs$30 per person
  22. Plaster wall repairs ie nail holes and etc$25/hr
  23. Drain lines pluggedAt cost

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