If you are interested to get your deposit back when moving, you have come to the right place. The goal you have is to learn how to get the money you have given while moving into an apartment back after deciding to move out. So, there are some things you can do before you contact the finest movers in your area to relocate you. For starters, you can read the contract you have made with the landlord. Then, all you need to do is to check the section about the deposit. If you have a contract, this should not be a problem and you will be able to get it back. However, sometimes it is easier said than done. So, for this reason, our team of experts has decided to help you out. Thus, read our guide if you wish to learn more about this.
Why is it important to get your deposit back when moving?
This one should be obvious – a deposit is a certain amount of money you have given as insurance when renting an apartment. You might do it for several different reasons. For example:
- For the landlord to feel safe about renting you the apartment. Many people might show interest in the apartment and then they never call the landlord back. Thus, the landlords lose their valuable time and, due to that, they usually demand a deposit before you move in. It is something symbolical, most usually 50% of your monthly rent in most US cities. However, this depends on the landlord more than on anything else.
- For the landlord to feel safe about their items inside the apartment. In case you break something before you move out, your landlord will deduct the cost of the said item from your deposit. It is, in essence, a tool to ensure that no one will break anything while living in the landlord’s home. Even if it is easy to replace that item by finding it on Amazon, the landlord will require instant compensation. Thus, this is why they take deposits more often than not.
In essence, it is important to get your deposit back because you did not give that money to your landlord. It is simply there to ensure that you are a good tenant. So, after you move out, you should get back your money, provided that everything went in order. It is actually really simple, right?
Ways you can get your deposit back
There are two ways you can get your deposit back, and both of them have to do with your landlord. One of the ways is to check the details of your rental lease. There will be a section about the deposit and the terms and conditions of it. So, before you contact the finest pool table movers California has to offer, make sure that you get your deposit money back. It is really important. Once you read the terms and conditions in your lease, you should talk to your landlord once again and tell them that you have completed them all, provided that you did. After that, your landlord is contract-bound to return your deposit to you.
Another thing you will need to do, possibly, is to talk to your landlord about moving out. Then, you will have a month, approximately, to live in that apartment and after that, your lease will get canceled. In other words, you will give your landlord notice and time to give you your deposit back. After all, you should not approach your landlord, tell them that you are moving out in 30 minutes, and demand your deposit. Your landlord will need time to find new tenants, and they will also need time to get your deposit back. Also, they will need to check that everything is in order, and so on. Thus, give your landlords some time before you actually move out.
What else you need to do in order to get your deposit back when moving?
There are two, once again, really important things you will have to consider when this is concerned. You can find more about them in the following:
- Pay the last month’s rent. Of course, you cannot demand your deposit back if you do not pay the last month’s rent in your apartment. After all, this is the time you spent using the apartment, and you should definitely pay for it. So, if you have a roommate, discuss this before moving in. Then, both of you should see if they are able to honor the deal they made with the landlord. Of course, since you have a contract, you will have to pay for every month you spend in the apartment. Thus, think about it on time.
- Do a check with your landlord. Your landlord will come a day before your move, or on a moving day, to check if everything is in order with the apartment. In case everything is in order, they will give you your deposit back. It is actually as simple as that. However, if there is something wrong, your landlord will determine the damage and deduce that amount from your deposit. So, if you get a smaller deposit, your landlord will provide you why is that so and explain in more detail.
In essence, cleaning and taking care of your apartment is a good thing to keep in mind. You might notice some damage you have not noticed before, and inform your landlord about it. Also, reducing waste and recycling will help keep the apartment in a better condition.
Final thoughts when this is concerned
Overall, we have talked about some ways you can get your deposit back when moving. All you need to do now is contact your landlord and tell them that you are moving out. Also, do not forget to ask about the deposit as well. Good luck with this one, hope we helped out!