When it comes to returning a security deposit, it is important to understand what constitutes normal wear and tear on the rental property. Normal wear and tear is not a reason to withhold the security deposit, but damage to the property is a situation where you may be able to withhold all or part of the security deposit. Understanding what is considered normal wear and tear and what is considered damage will help you to avoid any issues with the security deposit.
Normal Wear and Tear
Any building will simply wear down over time. This often results in worn down or dirty flooring, faded paint, scuffed wood floors, and loose wallpaper. In addition, when old frames lead to cracked windows or doors, it is likely that it is simply attributed to wear and tear. Dirt on various surfaces may also simply be wear and tear.
Excessive Damage
It is similarly crucial to know what constitutes as damage to the property after a tenant has moved out. These points of damage often allow you to withhold the security deposit to make repairs. Large holes in the walls are considered damage, though small holes from nails may simply be wear and tear. Other types of damage include broken appliances, stains or burns on the flooring, lost keys, damage caused by pets, unapproved paint or wallpaper changes, and scratches on kitchen counters that are a result of chopping food on the surface. Normal wear and tear will simply occur to a property over time. However, damage is often the fault of the tenant and allows you to withhold the security deposit. Understanding the differences will help you to determine how to use the security deposit. To learn more about normal wear and tear compared to damage to the property, contact us at the Merrimack Keyrenter today!