Complaints About Return Of Security Deposit

A security deposit is an amount that the landlord keeps to safeguard the property in case of damage by the tenant. Many tenants end up causing damage to the rental property, leaving the landlord to foot huge bills. The security deposit is taken so that it can serve as backup money if the tenant has not paid the rent, caused damages to the property, or not paid any bills.

How Do I Notify Tenant That I Am Raising The Rent ?

A landlord, who is intending to increase the rent, should always have a written communication with the tenant. They cannot have a verbal agreement as it may not stand legally when required. A landlord should preferably draft a new agreement with new rent stated on the agreement, and have it signed mutually with the tenant. This is the best and the safest way to increase the rent, and bring the increase into effect.