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    Botsford Place Terrace Apartments Security Deposit Refund Requirements

    12 months ago · · Comments Off on Botsford Place Terrace Apartments Security Deposit Refund Requirements

    Botsford Place Terrace Apartments Security Deposit Refund Requirements

    Justin Becker

    Updated: February 5, 2021

    When it comes to apartment living, or leasing a place in general, more often than not you are required to pay a security deposit. Most of the time, your security deposit is either one month’s rent or it may vary (little less or possibly more) depending on the apartment community. Obviously, you have to pay a security deposit to be able to take possession of your apartment home, so you have more than likely already paid your security deposit. Moreover, you are likely nearing or at the end of your lease. So, just to make life a little easier, here is a quick overview of Botsford Place Terrace Apartments Security Deposit Refund Requirements, plus a summary of their tenant rules and regulations.

    Before Moving In

    This may sound silly, but before you get fully settled into your new place, you should definitely read your lease. Obviously, upon moving in, you want everything to go off without a hitch, but the reality is that plans and things change. Thus, before you unload the moving van, make sure that any change in circumstances does not cause an issue with your lease agreement. It is better to address these things early on, rather than after you moved in or when you are ready to leave and want your security deposit back.

    Being a Good Tenant

    That said, one of the easiest things you can do to increase the likelihood that you will get your security deposit back is to be a good tenant. At this point, you may be asking yourself, well, what exactly is a good tenant? Being a good tenant is fairly simple in regard to your security deposit; this generally means that you should pay your rent on time and respect the terms of the lease. For instance, if you are only allowed two pets, do not have three. Likewise, do not destroy your apartment or let your pets damage the place; these are just a few things you can do to be a good tenant. SImply put, when you move out, leave the apartment in as close to the same condition as it was when you moved in.

    Tenant Rules and Regulations

    In fact, there is a whole set of rules and regulations to follow. Besides paying your apartment rent on time and covering any late fees, etc., you also must contact DTE upon moving in and moving out, be up-to-date with all pet fees/rents, keep your common areas clean and abide by the community vehicle or parking rules. What’s more, any health and safety hazards must be dealt with accordingly. So, if you want a live Christmas tree or to practically grill indoors, then you better think again. Note, for an exhaustive list, reference your Rules and Regulations to All Tenants document.

    Botsford Place Terrace Apartments Security Deposit Refund Requirements

    In addition to being the best tenant you can be, you must adhere to the following standard requirements in order to get your security deposit refund.

    When Moving Out

    Upon moving out, it is highly recommended that you do a once over. In other words, re-read your lease, and go over the requirements. After you have a better understanding of what is expected of you, you will be able to confidently move out, knowing that you will receive a portion, if not all, of your security deposit. Of course, if you feel fairly familiar with your lease, then just make sure that you go over the listed requirements for your security deposit.

    Notify Your Landlord

    One of the main requirements for getting your security deposit back is to provide the leasing office with a written 30-day notice, at least 30 days before the end of your current lease term, along with a forwarding address. Besides a written 30-day notice, Michigan law also requires that you provide notice, in writing within four (4) days after you have vacated the premises, to your landlord or property manager. This final notice should include a forwarding address where you can be reached and where you will receive mail. Note, if you fail to provide notice of any kind, then your landlord does not have to give you an itemized list of damages and penalties.

    Last-Minute Financial Details 

    Any unpaid rent, utilities, or monthly municipal permit fees need to be taken care of before you vacate the premises. This includes outstanding charges for rent or last month’s rent, late fees, NSF fees, court costs, or damage reimbursement costs—all of which must be paid in full upon moving out. In the event of damage to the property or your unit, you can either attempt to repair the damage yourself or be prepared to take a hit on your refund.

    More than a Small Repair

    If the damage to property goes beyond normal wear and tear, then you must bring it to the management team’s attention as soon as possible. Major repairs need to be handled by a licensed professional, so inform the management. Alternatively, if there is no damage or you only have the standard wear and tear after you leave your apartment unit, then you should be fine in regards to damage or repairs.

    Clean, and Clean Again

    A damage-free apartment when you check out is only half the battle. Not only does your unit need to be thoroughly cleaned, but also any appliances must be cleaned as well. Furthermore, any appliances that came with the apartment are expected to be in the same condition as received at the time of occupancy, ie., when you moved in. If you leave your apartment without cleaning the appliances, then expect to see a $100.00 charge per appliance on your itemized list/receipt.

    Take Your Stuff with You

    Yet another refund must upon moving out is that you must take all of your stuff. In the event that you leave any of your belongings behind, the property management team needs to properly dispose of any unwanted belongings. Having to do so means that your refund will be a lot smaller than you anticipated. In fact, any furniture and items left for disposal will be deducted from your security deposit at the cost of a minimum of $25.00 per item (more for larger items). The same is true if you leave belongings in other parts of the apartment community like your storage unit—there is a minimum $100.00 fee for removal/disposal for items left in your storage area.

    Return Your Keys

    Though not clearly stated in the security deposit refund requirements, you are expected to return your keys to the necessary parties. If you have lost a set of keys or your parking pass, you will likely be charged for the replacement of those items, as well as the possible lock change that needs to occur. If you do not know where to leave your keys, commonly, people leave parking passes, keys and door fobs in an envelope in the locked apartment. You can also drop off your keys at the leasing office or send them directly to the management team.

    Follow Up

    As briefly mentioned, once you have checked everything off on your move out list and made sure you have adhered to all the requirements, then you should be able to get your security deposit back. Just in case you did not review your Rules and Regulations To All Tenants form, it states that your security deposit will be held at the main branch of Chase bank and will be refunded to you within thirty (30) days after receiving the keys, provided that all terms of the lease are met, the apartment is in good condition, and no money is outstanding.

    Tags: Refund Security Deposit

    Categories: Apartment

    About The Author

    Justin Becker is a property owner in the state of Michigan and has a passion for managing communities. He owns both apartment complexes and mobile home communities and has been writing his own blogs for his properties for several years.