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3
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Jenny Lian
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Votes |
3
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wording for security reconciliation document

Jenny Lian
Posted

Hi Guys,

I never wrote a letter for this purpose before, please advise if this letter is appropriate. The context is the tenant caused a lot of damage to the property and I am keeping all the security deposit towards repairs. I am including an itemized list of repairs next page.

Thanks,

Dear [Tenant],

This letter is regarding your security deposit of $X for the property located at [address] for the lease period of Jan 2023 - 2024.

I am deducting $X from the security deposit for charges listed in the Resident Responsible Charges document. However, this doesn't cover all repair costs. Please issue a check to [Landlord] for the remaining $Y.


Sincerely,

Jenny Lian

User Stats

916
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403
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Melanie Thomas
Property Manager
Pro Member
  • Real Estate Broker
  • San Antonio
403
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916
Posts
Melanie Thomas
Property Manager
Pro Member
  • Real Estate Broker
  • San Antonio
Replied
This is a good start. I would also recommend you include proof of needed repairs via a photo move out inspection showing damage. Good luck & happy investing!

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Colleen F.
Pro Member
  • Investor
  • Narragansett, RI
4,341
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8,326
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Colleen F.
Pro Member
  • Investor
  • Narragansett, RI
Replied

@Jenny Lian  A good start.  I usually I include something about the security deposit law in the state. In accordance with RI law xyz your security deposit must be returned in x days.  Attached is an itemization of damages deducted from your security deposit. your damages exceed your deposit please remit a check for x dollars.  Two important points date the letter and the itemization, send certified or trackable mail. If your state requires you to send receipts for repairs enclose copies of the receipts. Keep a signed copy.  Don't deduct anything that could be considered normal wear and tear.

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