Refund of the Security Deposit Sample Clauses

Refund of the Security Deposit. Owner agrees to refund the Security Deposit to Resident upon satisfaction of all of the following conditions, or as otherwise required by applicable law, except as modified by exercise of the cancellation option contained in Resident's Lease or the other provisions of said Lease. (A) Complete vacation of the entire Premises by Resident on or before the date specified in the required written 30-day notice. (B) Termination of the Lease in accordance with the express provisions thereof. (C) Payment by Resident of all rental required under the Lease, up to and including the date of expiration or termination of the term of Lease. (D) The Premises, including all kitchen appliances (refrigerator, oven, range, dishwasher), baths, closets, storage areas, patio/balconies etc., have been thoroughly cleaned, so as to be in the same condition as on the commencement date of the term of the Lease, normal wear and tear excepted. (E) No defects or damage to the Premises, whether caused by Resident, pets, or otherwise, unless shown on a written list of damages and defects as set out in the Lease. (F) Observation and performance by Resident of all of the other covenants and obligations to be kept or performed by Resident under the Lease up to and including the date of expiration or termination of the term of the Lease. (G) Observation and performance by Resident of all rules and regulations to be kept and performed by Resident under the Lease, including, without limitation, those rules and regulations pertaining to pets. (H) RESIDENT HAS GIVEN OWNER THIRTY DAYS' WRITTEN NOTICE PRIOR TO THE DATE OF EXPIRATION OR TERMINATION OF THE TERM OF THE LEASE. (I) Resident provides owner with a written copy of the forwarding address of Resident.

Refund of the Security Deposit. The Security Deposit will be refunded within 7 days of your departure from the property less any costs incurred. • In the event of damages attributed to the Client, a member of their party or to any guests/visitors or services (example: chefs, beauticians, personal trainers) during their stay “The Proprietor” shall notify this to the Client as quickly as reasonably possible together with any evidence provided. The cost of any remedial action shall be deducted from the Security Deposit and the balance refunded to the Client. • In the event that the cost of rectification for losses or damage caused by the Client, a member of their party or any guests/visitors or services exceeds the Security Deposit held, “The Proprietor” shall notify the Client of any additional amount owing. • The Client is advised that “MHAL” reserves the right to pursue recovery of any additional cost over and above the Security Deposit and for this reason adequate personal liability insurance is strongly recommended (see Insurance Requirements below). Should additional costs be incurred we shall provide the Clients’ contact details to “MHAL” to facilitate recovery directly. • “MHAL” will not be held accountable for any bank charges or other losses incurred by the Client that result from us being unable to contact the Client to advise of any damages that may have occurred during their stay requiring deduction from the Security Deposit. In this instance, MHAL cannot guarantee the balance of these funds will be refunded within 14 days. • In the event that “The Proprietor” is unable to contact the Client to advise of deductions from the Security Deposit, then neither MHAL nor “The Proprietor” will be held accountable for any Bank Charges or other losses incurred by the Client resulting from those deductions from the Security Deposit. If “The Proprietor” is unable to contact the Client, refund of the balance of the Security Deposit cannot be guaranteed within 14 days. • Where the Security Deposit is paid by bank transfer it shall be refunded by bank transfer. To facilitate this, the Client must provide “The Proprietor” with their correct bank account details. • Refund of the Security Deposit will not be processed until “The Proprietor” is in receipt of your account details. “The Proprietor” cannot be held responsible if the damage deposit is not refunded within the 14 day time scale if this information has not been provided. A charge may apply where the Security Deposit is credited to an int...

Refund of the Security Deposit. The FEA provides a mechanism for a refund of the security deposit upon the satisfaction of certain requirements provided under the FEA. Tenant, and not Landlord, will be entitled to any refund of the security deposit paid under the FEA. Landlord and Tenant agree that, while Landlord will cooperate reasonably to facilitate the refund of the security deposit, Tenant shall be responsible for satisfaction of the requirements under the FEA necessary for the refund of all or part of the security deposit. If agreed upon by Oncor and Landlord, any refund of the security deposit will be paid directly to Tenant. If the refund of the security deposit is paid to Landlord, Landlord will in turn pay the amount of the refund to Tenant as promptly as possible, but no later than 30 days after receipt of the refund by Lxxxxxxx.

Refund of the Security Deposit can only be determined after the resident has physically moved out of the property and possession of the property turned over to management. After move-out, an inspection will be conducted to determine the final condition of the property. Refund of security deposit is subject to reimbursement of the cost of repairing any damage caused to the unit by you, your family or your guests (normal wear and tear excepted) and any rent or other charges owed. If the security deposit is later increased by agreement of the parties for any reason (for example pets, satellite dishes, waterbeds, etc.) the additional security deposit will be disbursed by Landlord in accordance with this paragraph at the end of the statutory period following the end of Resident(s)’ tenancy.