KANSAS CITY SECURITY DEPOSITS
In Kansas City security deposits are a payment required up front by a landlord to secure a property. The security deposit is a tool to ensure the property will be returned in a reasonable condition to the landlord. These funds are used to cover expenses in excess of normal “wear and tear” on the property. There are stipulations regarding the amount a landlord can charge for Kansas City security deposits. Typically, Kansas City security deposits cannot exceed more than two months’ rent.
NORMAL WEAR AND TEAR
Most Kansas City security deposits must be refundable. Meaning, when a lease terminates and the tenant moves out of the leased property, the landlord must return the security deposit within thirty (30) days. A landlord may charge a tenant for any necessary cleaning and repair on the property in excess of normal “wear and tear to restore the property to a similar condition at the beginning of the lease. It is important for a landlord to have strong move in and move out inspections to justify any charges. A landlord may also use the security deposit to cover unpaid rent or outstanding utilities.
Disputes can often arise between a landlord and a tenant in regard to Kansas City security deposits. If there is a dispute regarding the security deposit, a good property management company can facilitate a positive resolution. Premiere Property, LLC is equipped to handle security deposit disputes of any kind. Our move in and move out inspection process insures tenants and landlords understand the condition of the property. Any charges against the security deposit are itemized and understood by all parties. For information on how Premiere Property, LLC can help you send us an inquiry today by clicking our link below.