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. 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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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. 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. 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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Related to SECURITY DEPOSIT NOTICE

  • Security Deposit Subject to Paragraph 50, concurrently with Tenant's execution of this Lease, Tenant shall deposit with Landlord the sum of EIGHTY TWO THOUSAND TWO HUNDRED TWENTY NINE AND 70/100 ($82,229.70) Dollars. Said sum shall be held by Landlord as a Security Deposit for the faithful performance by Tenant of all of the terms, covenants, and conditions of this Lease to be kept and performed by Tenant during the term hereof. If Tenant defaults with respect to any provision of this Lease, including, but not limited to, the provisions relating to the payment of rent and any of the monetary sums due herewith. Landlord may (but shall not be required to) use, apply or retain all or any part of this Security Deposit for thc payment of any other amount which Landlord may spend by reason of Tenant's default or to compensate Landlord for any other loss or damage which Landlord may suffer by reason of Tenant's default. If any portion of said Deposit is so used or applied, Tenant shall, within ten (10) days after written demand therefor, deposit cash with Landlord in the amount sufficient to restore the Security Deposit to its original amount. Tenant's failure to do so shall be a material breach of this Lease. Landlord shall not be required to keep this Security Deposit separate from its general funds, and Tenant shall not be entitled to interest on such Deposit. If Tenant fully and faithfully performs every provision of this Lease to be performed by it. the Security Deposit or any balance thereof shall be returned to Tenant (or at Landlord's option, to the last assignee of Tenant's interest hereunder) at the expiration of the Lease term and after Tenant has vacated the Premises. In the event of termination of Landlord's interest in this Lease. Landlord shall transfer said Deposit to Landlord's successor in interest whereupon Tenant agrees to release Landlord from liability for the return of such Deposit or the accounting therefor.

  • 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.

  • Notice of Lease Owner shall give to Standard & Poor's Ratings Services, a Standard & Poor's Financial Services LLC business, a copy of any notice regarding a lease of the Aircraft required to be given to the Mortgagee pursuant to clause (w) of the first sentence of the penultimate paragraph of Section 4.02(b) of the Trust Indenture, at the time such notice is given to Mortgagee, if at such time Standard & Poor's is then rating the Pass Through Certificates.

  • Notice to Escrow Agent Documents will be considered to have been delivered to the Escrow Agent on the next business day following the date of transmission, if delivered by fax, the date of delivery, if delivered by hand during normal business hours or by prepaid courier, or 5 business days after the date of mailing, if delivered by mail, to the following: [Name, address, contact person, fax number]

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