There is usually some confusion in regards to the return of any deposit monies. When you vacate your dwelling at the end of the lease, you are required to return the unit to us in the same standard of cleanliness as when you took occupancy. This includes cleaning the stove, fridge, oven, freezer, cabinets, bathroom, and general cleaning of the entire dwelling.
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All leases have the following clauses. Please pay close attention to the underlined sentences!
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SECURITY DEPOSIT
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Resident has deposited with the Owner a security deposit in the amount of $xxx.xx on the date of the lease signing. Said security deposit is to guarantee the return of the premises to the Owner in the same or better condition as when accepted by the Resident, reasonable wear expected. The security deposit is to indemnify Owner against damage and/or loss of value as a result of Resident's actions, mistakes or inactions during the term of the occupancy. Should the Resident be responsible for damage and/or loss of value to the premises greater than the value of the security deposit, Resident agrees to reimburse the owner for such loss immediately upon presentation of a bill for said damages and/or loss.
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***The security deposit may not be applied by the Resident as and for any payment of any rent due to the Owner prior to the vacation of the premises by the Resident.
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NOTICE TO TERMINATE AND RENEWAL
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Unless another rental agreement is signed by the parties hereto or unless written notice of termination is given by one party to one or the other thirty days before expiration of this agreement this contract shall be automatically renewed on a month-to-month basis and may be terminated thereafter by either party upon the giving of written notice to the other party thirty days prior to the next periodic rental due date. Resident shall include with said notice a forwarding address if one is available. Termination shall take place only on the last day of any given monthly unless otherwise agreed to in writing. Upon vacating, Residents agree to return the premises to the Owner in the same or better condition as when received, reasonable wear excepted. Under no circumstances shall a dirty or broken condition of the premises, appliances or fixtures be considered to have resulted from reasonable wear.
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Things to keep in mind:
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You will be responsible for a portion of the water bill. Unless prior arrangements are made, your deposit refund will be held until the final water bills are paid by Dryfuse Properties.
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A rule of thumb is that deposit refunds will be provided within 30 days unless there is a wait for the water bill. If you need your refund sooner, contact Dryfuse Properties and an estimate of the water bill can be given!
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Please call: 419-810-1851, or
e-mail: Dryfuse_Properties@Hotmail.com
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