Real Estate Security Deposit Refund Letter
Real Estate Security Deposit Refund Letter
[Your Company Name]
[Your Company Address]
[Your Company Number]
[Your Company Email]
[Date]
[Tenant's Name]
[Tenant's Address]
Dear [Tenant's Name],
RE: Refund of Security Deposit for [Rental Property Address]
We hope this letter finds you well. We would like to inform you that your lease agreement for the property located at [Rental Property Address] has officially ended as of [Date of Lease Termination]. As per the terms of your lease agreement, we have completed our inspection of the property and are pleased to inform you that your security deposit is being refunded in full.
Here is the breakdown of your security deposit refund:
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Security Deposit Amount: $[Original Security Deposit Amount]
-
Itemized Deductions (if applicable):
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Cleaning Fee: $[Amount]
-
Repair Costs for Damages: $[Amount]
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Unpaid Rent: $[Amount]
-
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Total Deductions: $[Total Deducted Amount]
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Total Refund Amount: $[Original Security Deposit Amount - Total Deductions]
Your total refund amount of $[Total Refund Amount] will be processed within [X] business days. Please note that the refund will be provided via electronic transfer. If you have any questions regarding the refund or need further assistance, please do not hesitate to contact us at [Your Company Number] or [Your Company Email].
We would like to take this opportunity to thank you for your tenancy and cooperation throughout the lease term. We appreciate your adherence to the terms of the lease agreement, and we wish you all the best in your future endeavors.
Sincerely,
[Your Name]
[Your Title]
[Your Company Name]
