Updated about 8 years ago on . Most recent reply
Question about Security Deposit and Disposition of Deposit
Hey, BiggerPockets!
We currently own several properties in Pennsylvania and rent them out to tenants. Recently we had a lease end and tenant move out. We performed the move-out inspection and had to withhold $200 for cleaning and repairs.
We sent the tenant the remainder of the security deposit as well as a disposition of deposit showing the deductions. This was sent out within the 30-day period.
The tenant contacted us disputing the charges and threatening to sue for 2x the original deposit, which was $1750.
My questions are: If we lose, what is our maximum liability? Is it 2x the initial deposit of $1750? Is it 2x the disputed amount, which would be $200? Or would it just be the $200?
Thank you in advance, I am looking forward to your helpful replies.
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This sounds like a verbal threat over $200. I would call there bluff. Like @Deanna McCormick said, start with your local laws. Print them out and read, highlight and note them up as needed. Always take a pics and video of the space. Cell phones make this so easy now days.