What can a Landlord deduct from a security deposit?
A landlord is permitted to deduct certain items from a security deposit provided the deposit was taken properly at the creation of the tenancy and has been maintained properly. In addition, the landlord must document all deductions by sending a letter within thirty days after the termination of the tenancy. The letter must be sworn under the pains and penalties of perjury, must have a list of deductions, and must have written evidence to support all deductions (bills or estimates). The landlord may deduct for: • Unpaid rent or water bills; • Unpaid tax escalation amounts; and • Amounts necessary to repair damages to the property, reasonable wear and tear excepted. A landlord must strictly comply with the requirements of this law the landlord must return the entire security deposit within the thirty day period. If the landlord fails to take every step required under the law and fails to return the money within thirty days, the tenant may be entitled to treble damages and attorneys fees
