Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago,

User Stats

26
Posts
8
Votes
Tom Rychlewski
  • Investor
  • Independence, MO
8
Votes |
26
Posts

Failure to return security deposit within 30 days

Tom Rychlewski
  • Investor
  • Independence, MO
Posted

when my last renter moved out,  I tried to schedule a final walk through with her but she was too busy to do meet with me.  I performed by final inspection 6 days after the official end of the lease.  during my inspection I uncovered several damages including significant hard wood flooring damage caused by her pets.  I informed the renter that the damage to the floors alone would likely be over $500.  She pushed back and requested a 2nd opinion.  The process of getting a flooring company to come out and provide a quote to repair the floors in the most economical way possible ended up pushing my return of deposit letter and check to 32 days from the lease termination date.  My tenant is now threatening to take me to court for not providing her the entire security deposit within 30 days as required by Missouri Statute Section 535.300.  

I reduced the total amount she owed by 40% because she has been a good tenant up until this point.  What is my risk?  when is the official "termination of the tenancy?" Is it after inspection?  After she transfers utilities? Am i late if i am providing her with an estimate at her request?

If anyone has any experience here i would appreciate it!

Loading replies...