SECURITY DEPOSIT NOTICE Sample Clauses

SECURITY DEPOSIT NOTICE. In accordance with § 554.603 of the Michigan Compiled Laws, if the landlord demands a security deposit, they must provide the tenant with a written notice that includes the landlord’s name and address, the name and address of the financial institution where the deposit is held, and states the tenant’s obligation to provide their forwarding address after moving out. SECURITY DEPOSIT INFORMATION LETTER TO TENANTS (2 copies) Re: Property Date Sent or Given to Tenant Dear : In accordance with Sections 3 and 4 of the Security Deposit Law, Act No. 348 of the Public Acts of 1972, your security deposit has been placed in the following regulated financial institution: (Name) (Address) (City and ZIP Code) If your security deposit is removed from there, it will be secured by: Cash bond deposited with the Secretary of State Surety bond written by a surety company whose name and address will be furnished to you at a later date. Surety bond issued by the following company: (Name) (Address) (City and Zip Code) The Legislature also provided in Section 3 of the act the following: "YOU MUST NOTIFY YOUR LANDLORD IN WRITING, WITHIN 4 DAYS AFTER YOU MOVE, OF A FORWARDING ADDRESS WHERE YOU CAN BE REACHED AND WHERE YOU WILL RECEIVE MAIL; OTHERWISE YOUR LANDLORD SHALL BE RELIEVED OF SENDING YOU AN ITEMIZED LIST OF DAMAGES AND THE PENALTIES ADHERENT TO THAT FAILURE." To assist you in complying with this provision of the law and of giving you proper notice when you intend to leave us, please send both your notice to vacate and forwarding mailing address, and any other correspondence, to the address which follows: (Name of Landlord) (Address of Landlord) (City and Zip Code) Attn: (Name of Manager or Owner) Very truly yours, (Manager or Owner) Acknowledgement of Receipt of Copy of Above (Signature of Tenant) Date Received by Tenant
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SECURITY DEPOSIT NOTICE. In accordance with § 554.603 of the Michigan Compiled Laws, if the landlord demands a security deposit, they must provide the tenant with a written notice that includes the landlord’s name and address, the name and address of the financial institution where the deposit is held, and states the tenant’s obligation to provide their forwarding address after moving out.
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SECURITY DEPOSIT NOTICE. If they fail to do either, the landlord can legally evict them and seek legal fees. The Ohio standard residential lease agreement is a one (1) year contract that lets a tenant rent a livable space from a landlord. The tenant agrees to pay a monthly rent that may cover utilities as well. The tenant also agrees to follow the terms and conditions of the contract. Landlords should screen every potential tenant with the rental application to check their credit, background, and references. The Ohio rental application is a document that landlords and property managers use to evaluate a tenant’s suitability for renting a property. The landlord may charge a fee for running a background check (usually between $20 to $50). After the application is processed, the landlord will contact the tenant to discuss the lease terms and sign the lease if both parties agree. The tenant should know that the application does not guarantee a lease. The Ohio month-to- month rental agreement is a contract that has no fixed end date and can be ended by either the landlord or tenant with a thirty (30) day notice. This type of tenancy is subject to the same eviction rules as a fixed-term lease. Therefore, the landlord or property manager should request the tenant’s personal and income information with the rental application to verify their eligibility. The Ohio commercial lease agreement is a contract that allows a landlord and tenant to agree on renting a property for business purposes. The property can be used for office, industrial, or retail activities. Before the landlord commits to a long-term deal, they should verify the tenant’s financial status with the rental application. The tenant should know that the application does not guarantee a lease. The Ohio month-to-month rental agreement is a contract that has no fixed end date and can be ended by either the landlord or tenant with a thirty (30) day notice. This type of tenancy is subject to the same eviction rules as a fixed-term lease.
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SECURITY DEPOSIT NOTICE. Landlords must return the security deposit and a list of any deductions and receipts to the tenant within 30 days after the lease ends (§ 5321.16(B)). Security Deposit There is no limit on how much a landlord can charge as a security deposit in Ohio. Landlords must refund the security deposit within 30 days after the lease terminates. Security deposits over $50 earn 5% interest, which the landlord must pay to the tenant every year if the tenant lives at the property for more than six months. Some additional sentences to conclude the response are: An Ohio rental agreement is a legal document that outlines the terms and conditions of renting a property from a landlord. It must follow the Ohio landlord-tenant law, which sets some rules and limits for both parties. Ohio Rental Agreement Types Ohio Required Lease Disclosures Landlord’s Name and Address – Ohio leases must include the name and address of the landlord or their agent, so that tenants can send any legal notices. Lead-Based Paint Disclosure – For properties built before 1978, federal law requires Ohio leases to have a lead-based paint disclosure with an EPA pamphlet and any known lead hazards.
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SECURITY DEPOSIT NOTICE. Landlords must return the security deposit and a list of any deductions and receipts to the tenant within 30 days after the lease ends (§ 5321.16(B)). Security Deposit There is no limit on how much a landlord can charge as a security deposit in Ohio. Landlords must refund the security deposit within 30 days after the lease terminates. Security deposits over $50 earn 5% interest, which the landlord must pay to the tenant every year if the tenant lives at the property for more than six months. Some additional sentences to conclude the response are: An Ohio rental agreement is a legal document that outlines the terms and conditions of renting a property from a landlord. It must follow the Ohio landlord-tenant law, which sets some rules and limits for both parties. Ohio Rental Agreement Types Ohio Required Lease Disclosures Landlord’s Name and Address – Ohio leases must include the name and address of the landlord or their agent, so that tenants can send any legal notices. Lead-Based Paint Disclosure – For properties built before 1978, federal law requires Ohio leases to have a lead-based paint disclosure with an EPA pamphlet and any known lead hazards. For more information on required disclosures in Ohio, click here. Check local laws as well, as some Ohio cities, like Columbus, have stricter rules. Ohio Landlord Tenant Laws Warranty of Habitability – Ohio landlords must ensure that their properties are habitable, meaning they have basic features like heat, plumbing, electricity, and sound structure. If there are any problems, landlords must fix them within a reasonable time (up to 30 days) after tenants notify them. If not, tenants can sue the landlord, withhold rent, or end the lease. Tenants in Ohio cannot repair and deduct. Evictions – Ohio landlords can evict tenants for reasons such as not paying rent, breaking the lease, or doing illegal acts. Landlords must give tenants a notice to quit before filing eviction, which varies depending on the reason. For example, for rent default, landlords must give three days notice. Sample You can download our Ohio lease agreement template as a PDF or Word file here: ohio rental agreement pdf. Ohio rental agreement pdf is a document that outlines the terms and conditions of renting a property in Ohio. It can be for a fixed or a month-to-month period. The landlord and the tenant must agree on the rent amount, security deposit, fees, and other details before signing the agreement. The landlord must return the security de...
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SECURITY DEPOSIT NOTICE. All residents must pay the $250 Security Deposit out of pocket and submit this housing contract, complete with a guarantor signature regardless of age, in order to reserve a space at College Village. The security deposit is refundable but cannot be paid by financial aid. Checks and money orders should be made payable to College Village. Housing Placements are determined based on date of completion of all housing materials. Contact our office for information on additional payment methods (credit/debit cards, wire transfers, etc.). New Residents or those returning from an absence of 1 or more semesters must pay at the time they submit the Housing Contract. Returning Residents can roll their deposit to the following semester by submitting a new Housing Contract before May 1st.
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SECURITY DEPOSIT NOTICE. Within thirty (30) days of Tenant notifying Landlord that he or she has moved from the Property, the Landlord shall provide a written statement setting forth any amounts being retained from the Security Deposit and enclosing a check for any amounts due to Tenant. Tenant understands that it may be responsible for additional damage that exceeds the amount of the Security Deposit.
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SECURITY DEPOSIT NOTICE. You are hereby notified that you may be entitled to rights under Florida statutory law, 83.49(3) with regard to the security deposit you paid to your LANDLORD. Florida Statute, 83.49(3) provides:
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Related to SECURITY DEPOSIT NOTICE

  • SECURITY DEPOSIT Upon execution of this Lease, Tenant shall deposit with Landlord the amount of the Security Deposit specified on [Page One], of this Lease. The Security Deposit will be returned to Tenant without interest upon the expiration of the Term of the Lease, provided that Xxxxxx has paid all amounts due under this Lease and has otherwise performed all obligations hereunder. In the event that Tenant defaults under any provision of this Lease, and after the expiration of any applicable cure period, Landlord may apply all, or any part of the Security Deposit to amounts owed by Tenant. In the event Landlord elects to apply the Security Deposit as provided for above, Tenant shall promptly restore such Security Deposit to the original amount. Landlord may, at its discretion, commingle such funds with its other funds, Upon any sale or other conveyance of the Building, Landlord may transfer the Security Deposit (or any amount of the Security Deposit remaining) to a successor/owner, and Xxxxxx agrees to look solely at the successor/owner for repayment of the same. Notwithstanding anything to the contrary in the paragraph above, in lieu of a cash Security Deposit, Tenant may deliver the Security Deposit in the form of an unconditional, clean, irrevocable standby letter of credit, in a form acceptable to Landlord, and issued by a bank reasonably acceptable to Landlord (the “Letter of Credit”) as security, provided the Letter of Credit shall be delivered to Landlord with executed copies of this Lease. The Letter of Credit shall (i) be unconditional, irrevocable, transferable, payable to Tenant upon presentment of original to the issuer in person or by courier, in partial or full draws, and (ii) contain an “evergreen” provision which provides that it is automatically renewed on an annual basis (subject to the permitted date of termination set forth below) unless the issuer delivers thirty (30) days’ prior written notice of cancellation to Landlord and Tenant. Without limiting any of Landlord’s rights or remedies hereunder, if the bank issuing the Letter of Credit provides Landlord with a cancellation notice, Landlord may immediately draw upon all or any part of the Letter of Credit and Tenant shall provide Landlord with an additional irrevocable stand-by letter of credit as provided below. Any and all fees or costs charged by the issuer in connection with the Letter of Credit shall be paid by Xxxxxx. The irrevocable stand-by Letter of Credit shall remain effective through the date that is sixty (60) days following the expiration date this Lease. If Tenant defaults with respect to any provision of this Lease beyond applicable notice and cure periods, including but not limited to the provisions relating to the payment of Rent, Landlord may draw upon all or any part of Tenant’s Letter of Credit. If any portion of the Security Deposit is so used, applied, or retained, Tenant will within ten (10) days after written demand from Landlord, provide to Landlord an additional irrevocable, stand-by letter of credit, which shall be in form and substance satisfactory to Landlord, issued by a bank reasonably acceptable to Landlord, in an amount sufficient to restore the Security Deposit to its required amount pursuant to this Section 8. Tenant’s failure to replenish the Security Deposit shall constitute a failure to pay Additional Rent and Tenant shall have ten (10) days from the date of notice to cure such default.

  • Security Deposits The Owner hereby grants the Agent power to collect security deposits from the tenants on the Property. Returning said security deposit shall be the responsibility of the: (check one) ☐ - Agent for returning to vacating tenants. ☐ - Owner for returning to vacating tenants.

  • Use of a security deposit (a) We may use your security deposit, and any interest earned on the security deposit, to offset any amount you owe under this contract:

  • Xxxxxxx Money (Security Deposit) 5.1 While submitting commercial bid, the BIDDER shall deposit an amount………. (to be specified in RFP) as Xxxxxxx Money/Security Deposit, with the BUYER through any of the following instruments:

  • REFUND OF SECURITY DEPOSIT MANAGEMENT agrees to refund the security deposit to RESIDENT upon satisfaction of all lease provisions, and all of the following conditions, or as otherwise required by applicable Virginia Law.

  • Mobile Deposit Security You will complete each deposit promptly. If you are unable to complete your deposit promptly, you will ensure that your mobile device remains securely in your possession until the deposit has been completed. It is your responsibility to establish and maintain procedures to safeguard against unauthorized deposits. You will notify us immediately by telephone with written confirmation if you learn of any loss or theft of original checks. You will ensure the safety and integrity of original checks from the time of receipt until the time of destruction. If warranted in our reasonable judgment, we may audit and monitor you, and you agree to cooperate with us to permit such monitoring, to confirm that you have satisfied your obligations under this Agreement.

  • Interest on security deposits Where you have paid a security deposit, we must pay you interest on the security deposit at a rate and on terms required by the Rules.

  • ACCEPTANCE OF LEASE This is a legally binding document. By typing your name, you are consenting to use electronic means to (i) sign this contract (ii) accept lease agreement and addenda. You will receive a printed contract for your records. X Lessee Date Signed Lessor

  • 217 Extension Deposits In the event of Contract Term Extension, Forest Service shall divide the difference between Current Contract Value as of the start of any Contract Term Extension and the credit balance of any deposit made pursuant to B4.213 by the number of whole months remaining in Normal Operating Season(s) within the extension period to determine the amount of each “Extension Deposit.” Purchaser shall make the initial Extension Deposit prior to Forest Service executing the contract modifica- tion. In response to Forest Service billing under B4.21, Purchaser shall make advance cash deposits. Such de- posits shall at least equal each Extension Deposit re- quired for each whole month remaining in Normal Operat- ing Season(s) during the extension period. Extension De- posits shall be due by the last day of each month during Normal Operating Season whether or not the volume that is covered by such deposits has been Scaled. Due dates for Extension Deposits during the exten- sion period may be delayed when Purchaser earns Con- tract Term Adjustment if Termination Date, as adjusted, results in one or more additional complete months within Normal Operating Season(s).

  • Assignment of Space a. This Contract is for an assigned space in a residence hall and not for a specific room or bed. This Contract is not a lease agreement.

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