What information does a landlord have to give a tenant about the security deposit?
A landlord is required to provide the tenant with a security deposit receipt which may be included in the written lease. The receipt/lease must notify the tenant of certain rights including: the tenants right to be present at the inspection of the premises at the beginning of the tenancy for the purpose of making a written list of all existing damages; the tenants right to be present at the landlords inspection of the rental property at the end of the tenancy to determine if any damage was done during the tenancy; the landlords obligation to conduct the inspection within five (5) days before or after the intended move-out date; the tenants right to receive a written list of damages within 45 days after the termination of the tenancy; the landlords obligation to return any unused portion of the security deposit within 45 days after the termination of the tenancy; and a statement that the landlords failure to comply with the security deposit law may result in the landlord being liable to
