What are the laws governing the return of a security deposit?
In Pennsylvania, the laws governing the return of a security deposit are outlined in the Pennsylvania Landlord and Tenant Act. According to the Act, a landlord is required to return a tenant’s security deposit within 30 days after the termination of the lease agreement. The landlord is required to either return the full security deposit if there are no damages to the rental property or provide an itemized list of deductions for any damage caused by the tenant that will be taken out of the security deposit. Additionally, landlords must provide written notice to the tenant before making any deductions. If the landlord fails to comply with the law and return the security deposit within the 30-day period, the tenant may be entitled to twice the amount of the security deposit. The Act also outlines that a tenant is required to notify the landlord of their current address prior to the termination of the lease agreement in order to receive the security deposit. If a tenant fails to notify the landlord of their address, the landlord is allowed to keep the security deposit. Finally, a tenant is not allowed to use their security deposit to cover their last month’s rent, unless the tenant and landlord mutually agree to do so in writing. In summary, the Pennsylvania Landlord and Tenant Act outlines the laws for the return of a security deposit. A landlord must return a tenant’s security deposit within 30 days after the termination of the lease agreement and provide written notice of any deductions made due to damages caused by the tenant. Additionally, a tenant must provide the landlord with their current address in order for the landlord to return the security deposit.
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