How to Make Sure You'll Get Your Rental Deposit Back
One thing that landlords do to ensure that tenants maintain their property is to require a security deposit.
One thing that landlords do to ensure that tenants maintain their property is to require a security deposit. Usually equivalent to two months of rent, the security deposit serves to provide the property owner or manager with money meant to cover any expenses for repairs and maintenance when a lessee or tenant moves out. The idea is that tenants should be responsible for the maintenance of the unit while they are occupying the space. If they fail to clean or maintain it themselves, their security deposit is used for payment. Common repairs include repainting, carpet cleaning, or window washing. If you are considering renting an apartment or condominium in Bangkok and want to make sure that you can get your rental deposit back at the end of your leasing period, read on to find out how:
- Read the Fine Print
In order to get your deposit back, it is important to know exactly what is required from you at the end of your lease. Details like the condition of the flooring, mattresses, and carpets should be indicated in the leasing agreement. Ask the lessor any questions that you may have before signing any document. If the whole contract seems difficult to understand, then just focus on the information pertaining to your deposit and how long your deposit can be held. Make careful notes in the agreement and ask your landlord to countersign these notes. When the final draft of the contract is drawn up, request that your notes should be included in it.
- Make a List, Do an Inspection
Two of the things that should be done with your landlord are listing and inspecting. Ask your landlord for a list of everything that is installed in the unit. From waste baskets to large appliances, every item must be accounted for. Go through each item together, so that both of you know that nothing is missing at the beginning of your term. Make an alternate list of the things that are damaged by everyday use and that you shouldn’t be responsible for. Worn carpets, steps, broken pipes and rusted drains are items that are used every day and should be subject to regular replacement. Before you move in, conduct a careful inspection with your landlord. Take note of any sign of damage to the unit. This includes scuffed walls, worn carpets, or stained flooring. Take pictures so that you have evidence to back your claims up. An inspection is a great way to identify any potential problems that may need repairs down the line.
- Keep in Touch
Once you move in, make sure to notify your landlord the minute something goes wrong. Whether the drains get clogged or the stove stops working, it is best to report as soon as possible to avoid getting charged at the end of your lease. A record of the repairs that your landlord has or hasn’t made is helpful in determining which problems remained unresolved until you move out. It also helps alleviate you of any responsibility that isn’t yours. Any modification or repair that you make should also be reported to your landlord and taken note of. This record will add to your argument in case you should have to file for a damage deposit dispute. You should be able to get your full deposit back as long as you make sure you abide with what's stipulated in the contract after you signed it.
Reading the full contract, listing every single item in the apartment, and reporting to your landlord may seem like taxing things to do, but they will keep you well protected in the event of a dispute.