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5 Tips to Ensure Your Get Your Security Deposit Back

If you plan to live in an off campus apartment, you will have to put down a security deposit. It is unlikely that you can avoid it. Therefore, you want to do everything you can while living there to ensure you will get your money back once the lease ends. Review these tips to place yourself in an excellent position to get your security deposit back when living in an off campus apartment.

#1 — Review the Lease

This may seem silly to you, but most people do not read the lease before signing it. In 2016, roughly 27% of Americans rented their home and a portion of them did not read the lease. The lease provides you with the rules for living in your rented apartment. In addition, it tells you what you are responsible for upon leaving.

#2 — Document

Before you move in, walk around the apartment and look at everything. If there is any damage, document it in writing and take pictures. Often, the landlord gives you a document on which to do this. If not, create your own. You should give a copy to your landlord and keep one for yourself.

#3 — Understand the Rules

When living in an off campus apartment, follow the rules. This includes how long you are staying in the apartment. If you try to leave early and break the lease, you might give up your right to your security deposit. Also, there are rules about how many people can live in the space. For example, you want to be careful not to let your best friend move in if that is not allowed.

#4 — Know Your Landlord

If you can, establish a rapport with your landlord. Maintaining a pleasant relationship can help you substantially while living in the off campus apartment and when it is time to move out. For example, you could ask your landlord to do a walkthrough with you to ensure you fixed everything that might prevent you from getting your deposit back.

#5 — Clean

When you are ready to leave and remove your possessions, give the apartment a deep and thorough cleaning. You want it to look like it has not been lived in. Remove any stains on the carpet, wall scuffs, clean the windows and baseboards.

With these five tips, you will be much more likely to get back your security deposit. In addition, you’ll have a much better experience both as you live in the apartment and when it comes time to move out.

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