How to get your se­cu­rity de­posit back

Lesotho Times - - Property -

MOV­ING into a new apart­ment usu­ally re­quires a big up­front pay­ment. You fork over your first month’s rent, plus a hefty se­cu­rity de­posit. Ideally, you’ll get that de­posit back. But a lot can hap­pen be­tween the time you move in and the time you leave. Fol­low th­ese tips to make sure your se­cu­rity de­posit is re­turned. Be­fore You Move In Read Your Lease Care­fully

Make sure you’re fa­mil­iar with the con­di­tions of your lease. Un­der­stand what must be done in or­der to have your de­posit re­funded. In gen­eral, the rule is: you’re not re­spon­si­ble for nor­mal wear and tear. But you’re also prob­a­bly ex­pected to leave the apart­ment in good con­di­tion. De­pend­ing on the lease, this might mean the win­dows are cleaned, nail holes are filled, etc.

1. Doc­u­ment ev­ery­thing.

When you’ve fallen in love with a new apart­ment, it can be easy to over­look a small stain in the car­pet or think the land­lord will re­mem­ber that bro­ken blind. (Spoiler alert: They prob­a­bly won’t.) It’s im­por­tant to care­fully in­spect your po­ten­tial new res­i­dence and doc­u­ment all ex­ist­ing prob­lems be­fore sign­ing the lease. In some cases, the land­lord may make the re­pairs be­fore you move into the apart­ment. At the very least, doc­u­ment­ing pre-ex­ist­ing prob­lems will save you the has­sle of con­flicts later on and will pro­tect you from un­war­ranted charges to your se­cu­rity de­posit when it comes time to move out. 2. Doc­u­ment your im­prove­ments

If you want to make changes to your rental unit, check with your land­lord first. You might con­sider it an im­prove­ment, but that doesn’t mean they won’t try to charge you for dam­ages.

With some luck, the leas­ing com­pany might re­im­burse you for some of the im­prove­ments or re­pairs you make to the unit. If you lay down new tile, or com­plete a paint job, for ex­am­ple, it’s worth ask­ing if they’re will­ing to go in on the ex­pense with you.

Just make sure to com­mu­ni­cate th­ese changes to make sure they’re not go­ing to af­fect your se­cu­rity de­posit. Also — doc­u­ment your re­pairs and im­prove­ments.

3. Know the rules — and fol­low them.

The eas­i­est way to lose your se­cu­rity de­posit is by break­ing the terms of your lease. It’s im­por­tant to know and abide by your land­lord’s poli­cies on cus­tomiz­ing your new digs, such as paint­ing or in­stalling new lights, hav­ing pets (in­clud­ing weight lim­its or breed re­stric­tions) and lease ter­mi­na­tion. If you re­ceive ver­bal per­mis­sion to do any­thing that isn’t cov­ered in the terms of your lease, get it in writ­ing. Like a num­ber of renters, some land­lords can’t re­call what the agree­ment was when the time comes for your lease to ex­pire.

4. Don’t leave a mess.

Lay the foun­da­tion for get­ting your de­posit back by leav­ing the apart­ment in the best pos­si­ble con­di­tion. Al­though leav­ing it un­tidy is not a rea­son for for­fei­ture of your se­cu­rity de­posit, you don’t want to give your land­lord an ex­cuse to de­lay the process. You aren’t ex­pected to re­place the car­pet­ing or re-panel wood floors, but you shouldn’t leave de­bris on the floor ei­ther. Take care of any small re­pairs, but talk to your land­lord be­fore do­ing any­thing big, as you don’t want to run the risk of turn­ing mi­nor dam­age into ma­jor dam­age and have to for­feit your se­cu­rity de­posit.

Here’s a handy clean­ing check­list for move­out. Give the full list a look, but here are some sub­tle items you might for­get about: Re­move all nails and screws from walls and ceil­ing. Putty over them smoothly. Con­sider re­plac­ing the toi­let seat if it looks “un­savoury.” Scrub the oven. Take out the shelv­ing, drip pans and burn­ers and clean those, too. — Twocents

Get­ting your se­cu­rity de­posit back shouldn’t be dif­fi­cult. Whether you’re mov­ing out or plan­ning ahead.

Newspapers in English

Newspapers from Lesotho

© PressReader. All rights reserved.