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Updated over 4 years ago,
Determining Charge to Security Deposit
So I have had my first real disaster with a tenant. They left the house a mess and completely destroyed the carpet. All the carpet needs to be replaced. I am going to replace with laminate wood tile. So my question is, how much can I charge against the tenant's security deposit? I realize I can not charge based on the laminate as it is more expensive per square foot. But, what price of carpet do I charge against? I bought the house with this carpet, which was in excellent condition. I do not know how much it cost, or how old it was. My best guess is it was maybe 2 years old when I bought the house, and the tenant lived there for 3 years.