Are security deposits refundable when a tenant moves out?

In Ohio, security deposits are refundable to tenants when they move out. Under Ohio’s rental laws, landlords must return the security deposit within 30 days of the tenant moving out. The landlord is also obligated to send the tenant a written itemized list of the charges deducted from the security deposit along with the refund. If there are damages to the property that need repair, the landlord must provide a written list of the damages and repair costs. The landlord can deduct from the security deposit an amount that is necessary for repairs, but they may not use the money to cover regular wear and tear on the property. If the damage costs exceed the amount of the security deposit, the landlord must contact the tenant to get the remaining amount for repairs. The landlord is not allowed to keep the security deposit if the tenant has an unpaid utility bill or a tenant is not up to date on rent payments. The security deposit must be refunded to the tenant with all the paperwork regarding the deduction of charges. It is important for tenants to properly document and inform their landlord when they move out in order to receive their full security deposit. Before moving out, tenants should take pictures of the property to show the condition that it was in when they left. Additionally, it is a good idea to send the landlord a written notice that the tenant is moving and provide a forwarding address for the security deposit to be sent to.

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Are security deposits refundable when a tenant moves out?

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