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Updated about 10 years ago on . Most recent reply

User Stats

103
Posts
52
Votes
Michael Germinario
  • Real Estate Investor
  • Point Pleasant Beach, NJ
52
Votes |
103
Posts

Security Deposit - What would you do?

Michael Germinario
  • Real Estate Investor
  • Point Pleasant Beach, NJ
Posted

Hi BP!

Here's the situation:  Tenant moved out and was adamant about receiving the full security deposit back.  I explained that I will enforce the lease and any damages, or uncleanliness above and beyond ordinary wear and tear will cost the Tenant.  I conducted final walk through, documented everything, and sent the security deposit refund package to Tenant.  Included was a letter that detailed everything itemized, with lease paragraphs to reference where they violated terms.  Also included were receipts, photos (date-stamped), and of course the check (less a few hundred dollars from violations/damages/etc).  Tenant must have received the package yesterday because Tenant is now calling me multiple times per day, but not leaving any voice-mail.  I find this strange??

My opinion:  Case closed, I upheld my obligations and did everything by the book.  There is nothing I can say or do that is any different than what I provided.  If they won't leave a voice-mail I see no reason to call back.

I am very ethical and want to continue to do things by the book so I am torn over the question, should I call back or go with my instinct?

What would you do?

Thanks,

Mike

Most Popular Reply

User Stats

147
Posts
83
Votes
Tyson Luthy
  • Property Manager
  • Idaho Falls, ID
83
Votes |
147
Posts
Tyson Luthy
  • Property Manager
  • Idaho Falls, ID
Replied

I help manage 1500+ rentals, and inevitably situations like this are going to come up from time to time.

There is an easy solution to this:

You should answer the phone, but don't discuss the dispute.

Simply say: "I want to address your concerns, but all disputes need to be handled in writing. Please send me an email to _____________".

A large percentage of renters will drop off at that point. But in the event that you do get an email, you can address each point in a similar manner as your original post - include photos, receipts, etc.

This way the dispute gets documented, and you don't have to avoid the phone (which does appear kind of shady).

Hope that helps!

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