A landlord needs to account for the tenant security deposit at the end of a tenancy. The
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Question:
A landlord needs to account for the tenant security deposit at the end of a tenancy. The landlord
A must provide a final written account to the tenant within days of the termination of tenancy
B may provide an interim written account within days of the termination of the tenancy if property damage estimates are still being obtained
C may withhold the entire tenant security deposits for up to days after the termination of the tenancy while property damage estimates are being obtained
D must deduct the estimated cost of repair for damages and refund the balance of the tenant security deposit within days of the termination of the tenancy
Related Book For
Introduction to Governmental and Not for Profit Accounting
ISBN: 978-0132776011
7th edition
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
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