Upon the timely expiration of the leasing agreement, Landlord shall conduct a walk-through and inspection of the premises and compile a list of any defects and damages, normal expected wear and tear of the building withstanding. Within three (3) business days the list of defects and damages shall be provided to tenant and within five (5) business days the accompanying estimated dollar value of said defects and damages shall be furnished to tenant. The remaining security deposit shall be returned to tenant within ten (10) business days of the expiration of the leasing agreement.
Security deposit shall also be utilized to cover any unpaid rent up to and including the expiration of the term including any unpaid late fees.
Security deposit shall be held by landlord for duration of lease agreement.
Any interest accrued will not be paid to tenant upon return of the deposit.
$500 will be retained to cover remaining utility bills, after which remainder will be refunded to tenant. (May take up to 2 months to receive all utility bills)
$500 will be retained to cover remaining utility bills, after which remainder will be refunded to tenant. (May take up to 2 months to receive all utility bills)
