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Are you a renter or a landlord? If you’ve ever rented or rented out a property, you probably know it can be tricky for a landlord and tenant to agree on how much of a security deposit should be returned on move-out day.
A security deposit is an amount of money a tenant gives to a landlord before moving into a property that gets used to fix damage to the property and returned to the tenant if there isn’t any damage. The tricky part is distinguishing between normal, natural “wear and tear” and damage.
In this video, we’ll talk about:
- How states define wear and tear;
- What upgrades and maintenance a landlord is responsible for;
- How to know the life expectancy of certain household items;
- How not to end up in small claims court over a security deposit;
- and more.
DISCLAIMER:
This video is strictly for educational purposes and is in no way intended to provide legal advice. We do not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any losses and damages in connection with the use of our videos.
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0:00 Intro:
0:44 We'll Discuss:
1:13 Wear And Tear:
1:47 How Does The Law Determine What Counts And What Doesn't:
2:48 Was The Property Used As Intended And Does It Seem Glaring And Excessive:
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